Part XVIII Recognised Investment Exchanges and Clearing Houses
Chapter I Exemption
Supervision
I1293 Notification requirements.
1
The Authority may make rules requiring a recognised body to give it—
a
notice of such events relating to the body as may be specified; and
b
such information in respect of those events as may be specified.
2
The rules may also require a recognised body to give the Authority, at such times or in respect of such periods as may be specified, such information relating to the body as may be specified.
3
An obligation imposed by the rules extends only to a notice or information which the Authority may reasonably require for the exercise of its functions under this Act.
4
The rules may require information to be given in a specified form and to be verified in a specified manner.
5
If a recognised body—
a
alters or revokes any of its rules or guidance, or
b
makes new rules or issues new guidance,
it must give written notice to the Authority without delay.
6
If a recognised investment exchange makes a change—
a
in the arrangements it makes for the provision of clearing services in respect of transactions effected on the exchange, or
b
in the criteria which it applies when determining to whom it will provide clearing services,
it must give written notice to the Authority without delay.
7
If a recognised clearing house makes a change—
a
in the recognised investment exchanges for whom it provides clearing services, or
b
in the criteria which it applies when determining to whom (other than recognised investment exchanges) it will provide clearing services,
it must give written notice to the Authority without delay.
8
Subsections (5) to (7) do not apply to an overseas investment exchange or an overseas clearing house.
9
“Specified” means specified in the Authority’s rules.