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MAE-1.6.1

The CBB may license a personG as a licensed exchangeG or licensed market operatorG if:

(a) The CBB is satisfied that the establishment of a marketG or exchange to be operated by a personG will;
(i) Develop the financial sector and enhance confidence therein; and
(ii) Protect the interests of investors in the marketG and exchanges and enhance the Kingdom's credibility as an international financial centre; and
(b) The CBB is satisfied that the personG , having applied to be a licensed exchangeG or licensed market operatorG under this Module, is able to comply with the obligations or requirements imposed on licensed exchangesG or licensed market operatorsG .
Amended: April 2013
 Versions
(2 Versions)
 
Oct 1 2008 - Mar 31 2013Apr 1 2013 onwards
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