Versions

 

6.6.3 Adequate Internal Control Systems

(a) A Designated Market-Maker must establish and maintain adequate internal control systems to ensure smooth operation of its market-making activities.
(b) A Designated Market-Maker shall pre-notify SGX-ST of any change to its internal control systems that may affect the carrying out of its obligations stipulated under this Chapter 6.
(c) SGX-ST reserves the right to review current or impose additional requirements if it is not satisfied with the internal control systems of the Designated Market-Maker.
(d) Where a Designated Market-Maker is also performing regulated activities, the Designated Market-Maker must establish adequate segregation between their market-making activities and regulated activities.

Added on 3 June 20193 June 2019.