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AMI 5A.3.1

An Authorised Market Institution must ensure that:

(1) it treats each Direct Access Member as its Client;
(2) its Business Rules clearly set out:
(a) the duties owed by the Authorised Market Institution to the Direct Access Member and how the Authorised Market Institution is held accountable for any failure to fulfil those duties; and
(b) the duties owed by the Direct Access Member to the Authorised Market Institution and how the Direct Access Member is held accountable for any failure to fulfil those duties;
(3) appropriate investor redress mechanisms are available, and disclosed, to each Member permitted to trade or clear Investment Tokens on its facility, as required under AMI Rule 5.12.2; and
(4) its facility contains a prominent disclosure of the risks associated with the use of DLT for trading and clearing Investments, particularly those relating to Digital Wallets and the susceptibility of private cryptographic keys to misappropriation.
Derived from DFSA RMI310/2021 (Made 30th June 2021). [VER20/10-21]