Duty to provide information
7.  Every financial institution which —
(a)has possession, custody or control in Singapore of any funds, other financial assets or economic resources owned or controlled, directly or indirectly, by any designated person;
[S 218/2015 wef 17/04/2015]
(b)has information about any transaction or proposed transaction in respect of any funds, other financial assets or economic resources owned or controlled, directly or indirectly, by any designated person; or
[S 218/2015 wef 17/04/2015]
(c)has information about any act or thing prohibited by regulation 6,
must immediately inform the Authority of that fact or information, and provide such further information relating to the funds, financial assets, economic resources, transaction, proposed transaction, act or thing as the Authority may require.
[S 218/2015 wef 17/04/2015]