Obligations of primary dealers in the Singapore Government Securities (SGS) market.
Published Date: 19 March 2007
Guidelines for Banks whose Business includes Dealing in Government Securities
Guidelines for banks dealing in securities issued by the Singapore Government, as a primary, registered or secondary dealer.
These guidelines apply to any bank dealing in Government securities as a primary, registered or secondary dealer. The guidelines cover:
- Definitions of 'Government securities', 'dealers', etc.
- Business conduct rules and market practices which dealers should comply with.
- Prohibitions on unsecured credit given to employees and their family for the purchase or subscription of Government securities.
- Operational standards which dealers should observe.