MKT 9.5 Guidance

Determination of applications

1. Under Article 33(1) of the Law, an Authorised Market Institution or the DFSA may only grant admission of Securities to an Official List of Securities maintained by it, in accordance with the requirements in the Law and the Rules made for the purposes of the Law.
2. Under Article 34(1)(b) and 34(2)(b) of the Law, the DFSA may impose conditions or restrictions in respect of the admission of Securities to the Official List of Securities, or vary or withdraw such conditions or restrictions.
3. Under Article 33(2) of the Law, an Authorised Market Institution or the DFSA, as is relevant, will notify the applicant in writing of its decision in relation to the application for admission of Securities to the Official List of Securities.
4. Where the DFSA grants admission of Securities to an Official List of Securities, it will include such Person in its Official List of Securities published on the DFSA website.

References

5. Under Article 34(7) of the Law, an Applicant may commence a reference to the FMT in relation to any decision by the DFSA to object to or refuse an application for admission of Securities to the Official List of Securities, or to impose conditions or restriction on the admission of Securities to the Official List of Securities, or to vary such conditions or restrictions.
6. Under Article 29 of the Regulatory Law, a Person that commences a reference to the FMT must do so within 30 days of the relevant decision.
7. The form of submission that a reference must take is specified in the rules of procedure of the FMT.
Derived from RM81/2011 (Made 30th November 2011). [VER1/11-11]
[Amended] DFSA RM134/2014 (Made 21st August 2014). [VER5/06-14]