Securities and Futures Act 2001 s 123B

s 123B Power of Authority to designate financial benchmarks

123B. The Authority may, by order in the Gazette, designate a financial benchmark as a designated benchmark for the purposes of this Part if the Authority is satisfied that —(a) the financial benchmark has systemic importance in the financial system of Singapore; (b) a disruption in the determination of the financial benchmark could affect public confidence in the financial benchmark or the financial system of Singapore; (c) the determination of the financial benchmark could be susceptible to manipulation; or (d) it is otherwise in the interests of the public to do so.[4/2017]

Read this section in the full act → · Open Division 1 →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

The Singapore legislation on this platform is subject to copyright of the Singapore Government and is used/reproduced for the purposes of this platform with the permission of the Attorney-General's Chambers. Users of this platform may check Singapore Statutes Online for the latest version of the Singapore legislation.

What to look at next

Securities and Futures Act 2001, full textChapter navigation and full text, so you can read this section in contextSingapore legislation Singapore Acts by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and year Division 1 — Designation of Financial Benchmarks — read this in contextThe surrounding text of the act in order, so you can see what comes before and afterChapters and sections