Authorised Market Institution must continue to carry on every Financial Service it is authorised to conduct under its Licence until its Licence is withdrawn or the DFSA consents in writing.
Authorised Market Institution seeking to have its Licence withdrawn must submit a request in writing stating:
(a) the reasons for the request;
(b) the date on which it will cease to carry on
Financial Services in or from the DIFC;
Persons using facilities maintained by it for trading, clearing or settlement, as applicable, are affected and any alternative arrangements made for the trading, clearing or settlement;
(d) where applicable, how persons with
Securities admitted to an Official List of Securities maintained by it are affected and any alternative arrangements made for the listing and trading of the relevant Securities; and
(e) that it has discharged, or will discharge, all obligations owed to its users in respect of whom the
Authorised Market Institution has carried on Financial Services in or from the DIFC.
Derived from RM118/2013 [VER15/07-13]