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AMI 4.2.1

(1) An Authorised Market Institution must have adequate arrangements both at the time a Licence is granted and at all times thereafter to meet the applicable Licensing Requirements as specified in (2).
(2) The Licensing Requirements are:
(a) the general requirements specified in chapter 5, which are applicable to all Authorised Market Institutions;
(b) the additional requirements specified in chapter 6, which are applicable to an Authorised Market Institution Operating an Exchange; and
(c) the additional requirements specified in chapter 7, which are applicable to an Authorised Market Institution Operating a Clearing House.
(3) Where an Authorised Market Institution operates a Multilateral Trading Facility pursuant to an endorsement on its Licence, the Licensing Requirements specified in (2)(a) and (b) apply with respect to the operation of such a facility as if that facility is an Exchange.
Derived from RM118/2013 [VER15/07-13]