| Rule Violation | Whether composition may be offered | Composition Amount which may be Offered by the Clearing House, where the Clearing House has Determined the Clearing Member to be Liable | Mandatory minimum penalty imposable by the DC | |||
| Rule Chapter/Number | Brief Description of Rule | 1st Violation | 2nd Violation | 3rd Violation | ||
| Chapter 4 — Enforcement of Rules | ||||||
| 4.01A.3 | Clearing Member to cooperate with Clearing House investigtions | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.01A.4 | Clearing Member, director, officer, employee not to wilfully make or furnish false information to Clearing House | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.01B.2 | Clearing Member, director, officer, employee to give Clearing House access to information, books and records | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.01B.4 | Clearing Member to pay fees for inspection by Exchange | Compoundable | $500 | $1,000 | $2,000 | N.A. |
| 4.04A.4.2 | Clearing Member to give the Clearing House a written undertaking not to disclose information received in relation to the charge | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.04A.4.3 | Clearing Member not to breach written undertaking not to disclose information received in relation to the charge | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.04A.5.2 | Clearing Member not to disclose information received in relation to the appeal | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.12.1.1 | Clearing Member not to be guilty of fraud or act of bad faith or dishonest conduct | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.12.1.2 | Clearing Member not to make a material misstatement to the Clearing House, SGX RegCo, any committee, or theit respective employees and members | Not Compoundable | Not Compoundable | $20,000 | ||
| 4.12.1.3 | Clearing Member to take steps to prevent further Contracts having to be cleared by it after its insolvency | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.12.1.4 | Clearing Member not to refuse to appear before the Clearing House, in connection with any investigation, or any committee at a duly convened hearing, or in connection with any investigation, refuse to fully answer all questions or produce all books and records at any audit, hearing or investigation, or give false testimony, or fail to produce any books or records requested by the Clearing House staff in connection with an investigation etc | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.12.1.5 | Clearing Member not to make use of or reveal any confidential information obtained by reason of participating in any investigative proceeding or hearing | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.12.1.6 | Clearing Member to maintain minimum financial requirements and the required Clearing Fund Deposit | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.12.1.7 | Clearing Member not to commit an act which is substantially detrimental to the interests of the Clearing House | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.12.1.8 | Clearing Member not to refuse to comply with a final arbitration award | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.12.1.9 | Clearing Member not to refuse, after hearing, to comply with an order of any hearing committee | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.12.1.10 | Clearing Member not to violate any provision under this Rules which | [Unless otherwise specified in this Schedule] | ||||
| Not Compoundable | Not Compoundable | $10,000 | ||||
| 4.12.1.11 | Clearing Member to comply with any written directive from the Clearing House or any other officer or committee of the Clearing House | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.12.1.12 | Clearing Member to maintain and keep complete and accurate records in accordance with the SFA and/or SFR | Not Compoundable | Not Compoundable | $10,000 | ||
| Clearing Member to maintain and keep complete and accurate records in accordance with this Rules | Compoundable | $2,000 – $4,000 | $4,000 – $7,000 | $7,000 – $10,000 | $10,000 | |
| 4.12.2.1 | Clearing Member not to make false or misleading entry in the Documents | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.12.2.2 | Clearing Member not to omit from making a material entry in any of the Documents | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.12.2.3 | Clearing Member not to alter or destroy any of the Documents without a valid reason | Not Compoundable | Not Compoundable | $10,000 | ||
| 4.13.1 | Clearing Member not to be guilty of dishonourable conduct | Compoundable | $2,000 – $4,000 | $4,000 – $7,000 | $7,000 – $10,000 | N.A. |
| 4.13.2 | Clearing Member not to make a false entry on clearing sheet | Compoundable | $2,000 – $4,000 | $4,000 – $7,000 | $7,000 – $10,000 | N.A. |
| 4.13.3 | Clearing Member not to fail to answer Customer's complaints promptly | Compoundable | $500 | $1,000 | $2,000 | N.A. |
| 4.13.5 | Clearing Member not to make mis-statement to Clearing House, SGX RegCo, any committee, or their respective employees and members | Compoundable | $2,000 – $4,000 | $4,000 – $7,000 | $7,000 – $10,000 | N.A. |
Added on 16 May 201116 May 2011, amended on 15 September 201715 September 2017 and 12 November 201812 November 2018.