7.9.1 Composition of Appeals Committee

Futures Trading Rules

Chapter 7 Adverse Events, Rule Violations and Disciplinary Action 7. Overview of Adverse Events, Rule Violations and Disciplinary Action 7.9 Appeals Committee

7.9.1 Composition of Appeals Committee

The Appeals Committee shall comprise persons appointed by the SGX RegCo Board and approved by MAS provided that:

(a) the Appeals Committee shall not have a member who is, or who within three years of the proposed appointment date was, a director, officer or employee of:

(i) Singapore Exchange Limited; or

(ii) any of Singapore Exchange Limited's Related Corporations;

(b) a majority of the Appeals Committee shall not be directors, officers or employees of any member of Singapore Exchange Limited or Singapore Exchange Limited's subsidiaries; and

(c) a majority of the Appeals Committee shall not be substantial shareholders of Singapore Exchange Limited or directors, officers or employees of any substantial shareholder of Singapore Exchange Limited.

Amended on 5 December 2006 5 December 2006, 15 September 2017 15 September 2017 and 3 June 2019 3 June 2019.