The Clearing House may initiate disciplinary proceedings and charge a Clearing Member before the Disciplinary Committee if the Clearing House is of the opinion that the Clearing Member has committed any of the following: —
4.03A.1.1 breaches the SFA;
4.03A.1.3 breached any relevant laws or regulations that govern the Clearing Member's other business activities;
4.03A.1.4 breached the rules of any other exchange;
4.03A.1.5 engaged in fraud or dishonesty, whether in or out of Singapore;
4.03A.1.6 breached directors' duties;
4.03A.1.7 engaged in conduct that has the effect of circumventing the SFA, SFR, this Rules and/or any other applicable laws or regulations; or
4.03A.1.8 engaged in conduct detrimental to the financial integrity, reputation, interests or operation of the Clearing House.