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Location: Central Bank of Bahrain Volume 6—Capital Markets > Part A > Institutions > MAE — Markets and Exchanges > MAE-2 Obligation of Licensed Exchanges, Market Operators and Crowdfunding Platform Operators > MAE-2.10 Business Continuity Plan > MAE-2.10.1
  • MAE-2.10 Business Continuity Plan

    • MAE-2.10.1

      A licensed exchangeG or licensed market operatorG shall maintain at all times a plan of action (referred to in this regulation as a business continuity plan) setting out the procedures and establishing the systems necessary to restore fair, orderly and transparent operations of any marketG it operates, in the event of any disruption to the operations of the marketG .

    • MAE-2.10.2

      A licensed exchangeG or licensed market operatorG shall review the procedures and systems referred to in MAE-2.10.1 on such regular basis as may be specified in the business continuity plan.

    • MAE-2.10.3

      A licensed exchangeG or licensed market operatorG shall immediately notify the CBB of any activation of its business continuity plan and of any action taken or intended to be taken to restore fair, orderly and transparent operations of any marketG it operates.

    • MAE-2.10.4

      A licensed exchangeG or licensed market operatorG shall, within 14 days or such longer period as the CBB may permit, inform the CBB of any material change to the business continuity plan, and shall submit at the request of the CBB, a copy of the new plan to the CBB.

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