Entire Section

  • AMI 9.9 AMI 9.9 Information Technology Systems

    • AMI 9.9.1

      Where an Authorised Market Institution changes any of its plans for action in response to a failure of any of its information technology systems resulting in disruption to the operation of its facilities, it must immediately give the DFSA notice of that event, and a copy of the revised or new plan.

      Derived from RM118/2013 [VER15/07-13]

    • AMI 9.9.2

      Where any reserve information technology system of an Authorised Market Institution fails in such a way that, if the main information technology system of that body were also to fail, it would be unable to operate any of its facilities during its normal hours of operation, that body must immediately give the DFSA notice of that event, and inform the DFSA of:

      (a) what action that Authorised Market Institution is taking to restore the operation of the reserve information technology system; and
      (b) when it is expected that the operation of that system will be restored.
      Derived from RM118/2013 [VER15/07-13]

    • Inability to Discharge Regulatory Functions

      • AMI 9.9.3

        Where, because of the occurrence of any event or circumstances, an Authorised Market Institution is unable to discharge any Regulatory Function, it must immediately give the DFSA written notice of its inability to discharge that function, and inform the DFSA of:

        (a) what event or circumstance has caused it to become unable to do so;
        (b) which of its Regulatory Functions it is unable to discharge; and
        (c) what action, if any, it is taking or proposes to take to deal with the situation and, in particular, to enable it to recommence discharging that Regulatory Function.
        Derived from RM118/2013 [VER15/07-13]