SGX-ST shall have the absolute discretion to accept the resignation, postpone the effective date of the resignation and/or without prejudice to the courses of action available to SGX-ST, take such measures as it may determine appropriate before or after the resignation takes effect. Notwithstanding the foregoing, the SGX-ST may in its absolute discretion refuse to accept the resignation of a Trading Member if it is:

(a) conducting an investigation under the Rules, investigating a complaint or has initiated disciplinary proceedings against the Trading Member; or
(b) not satisfied that the Trading Member has fulfilled or is able to fulfil:
(i) its obligations to SGX-ST; and
(ii) its obligations to all its customers as SGX-ST may specify.

Added on 3 June 20193 June 2019.