SGX Rulebooks
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CDP Depository Rules
10 Termination
Future version: Effective from 15 Jul 2026

10.2A.1 The Depository may restrict and/or impose conditions on the activities of a Depository Agent under Rule 10.1 in any one or more of the following ways as the Depository shall specify:

(a) prohibit the Depository Agent from carrying out any transactions or payments in respect of Deposited Securities without the approval of the Depository;
(b) prohibit the Depository Agent from opening any new Sub-Accounts;
(c) prohibit the Depository Agent from onboarding new clients;
(d) require the Depository Agent to take such action or cease to take such action as the Depository deems necessary or desirable.

10.2A.2 Failure by the Depository Agent to comply with any restriction and/or conditions will constitute a breach of these CDP Rules.

10.2A.3 Any restriction and/or imposition of conditions shall be for such duration as the Depository determines, save where imposed on the grounds under Rule 10.1.5 in which case the restriction and/or imposition of conditions shall end when the relevant entity is acquitted, the charge is not proceeded with, or no further action is taken in respect of the investigation.

10.2A.4 Unless otherwise notified by the Depository, a Depository Agent whose activities are subject to any restriction and/or conditions continues to be bound by these CDP Rules.

Added on 15 July 2026.