AMI 4.3.2

(1) An Authorised Market Institution proposing to make material changes to its existing arrangements to meet the Licensing Requirements must provide to the DFSA a notice setting out:
(a) the proposed change;
(b) the reasons for the proposed change; and
(c) what impact the proposed change might have on its ability to discharge its Regulatory Functions.
(2) The notice referred to in (1) must, subject to (3), be submitted to the DFSA at least 30 days before the proposed change is expected to come into effect.
(3) The DFSA may, in circumstances where a material change to existing arrangements is shown on reasonable grounds to be urgently needed, accept an application for approval of such a change on shorter notice than the 30 days referred to in (2).
Derived from RM118/2013 [VER15/07-13]