Versions

 

COB 9.6.9

(1) An ATS Operator must:

(a) implement and maintain appropriate measures to identify, deter and prevent Market Abuse on and through its facility; and
(b) report promptly to the DFSA any Market Abuse.

(2) For the purposes of (1)(a), an ATS Operator must:

(a) include in its Operating Rules a regime to prevent Market Abuse, which is applicable to its members and their Clients; and
(b) implement and maintain adequate measures to ensure that its members comply with that regime.

(3) The regime to prevent Market Abuse referred to in (2)(a) must, at a minimum, include rules and procedures in relation to compliance with the applicable requirements in Part 6 of the Market Law, including adequate compliance arrangements applicable to its members and staff and the clients of members, record keeping, transaction monitoring, risk assessment and appropriate training.

[Added] DFSA RM123/2013 (Made 13th June 2013) [VER22/07-13]