722
The parties to Disciplinary Committee proceedings or Appeals Committee proceedings, their representatives and their advisers shall at all times treat all matters and documents relating to the proceedings as confidential except:
(1) where all parties to the proceedings have given written consent;
(2) where a party is directed by a competent authority in Singapore, the U.S. or the country of incorporation of the issuer;
(3) where a party is directed by a court of competent jurisdiction in Singapore, the U.S. or the country of incorporation of the issuer;
(4) where a party is permitted or directed by the Disciplinary Committee or Appeals Committee;
(5) where the information is in the public domain;
(6) where information is provided pursuant to any agreement for regulatory cooperation to which the Exchange and the recipient of the information are parties; or
(7) where such disclosure is in connection with the publication by the Exchange of the decision of the Disciplinary Committee or the Appeals Committee.
723
(1) No irregularities shall vitiate a decision of the Disciplinary Committee or Appeals Committee unless the irregularity has occasioned a failure of justice.
(2) Where an irregularity has occasioned a failure of justice in respect of a disciplinary proceeding, the Disciplinary Committee or Appeals Committee may either determine the charge accordingly, or direct that the Exchange re-initiate disciplinary proceeding.
(3) Where an irregularity has occasioned a failure of justice in respect of a decision of the Exchange, the Appeals Committee may either determine the appeal accordingly, or direct that the Exchange determine the issue afresh.
724
The Disciplinary Committee and Appeals Committee shall not be liable for performing their functions under this Chapter. This limitation of liability extends to any actions whether in contract or tort or otherwise, and even in the purported performance of a function in good faith.
725
All costs payable to the Exchange shall be used for investor education and related expenses.
726
The costs of the Disciplinary Committee, Appeals Committee and their supporting secretariat shall be funded by a SGX Compliance Fund comprising contributions from the Exchange. The monies in the Compliance Fund shall be kept separate from all other property of the Exchange.