SGX Rulebooks
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Future version: Effective from 15 Jul 2026

A Depository Agent shall, before depositing securities received on account of a Retail Sub-Account Holder, disclose in writing to that Sub-Account Holder:

6.1A.1 that Deposited Securities held for the Sub-Account Holder are deposited with the Depository in the name of the Depository Agent and not in the Sub-Account Holder’s name;
6.1A.2 that the Depository Agent holds those Deposited Securities on trust for the Sub-Account Holder;
6.1A.3 whether Deposited Securities held for the Sub-Account Holder will be commingled with the Deposited Securities held for other Sub-Account Holders in the same Sub-Account;
6.1A.4 if that Sub-Account Holder’s assets will be deposited in a Sub-Account together with, and commingled with, the Deposited Securities of the Depository Agent’s other customers, the risks of such commingling; and
6.1A.5 the consequences for the Sub-Account Holder’s assets if the Depository Agent becomes insolvent.

Added on 15 July 2026.