Rechtsbibliothek und Fallanalyse · Österreich · Belgien · Europäische Union
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S.L. 345.6 · Financial Markets Act (Membership And (S.L. 345.6)

S.L. 345.6 Art. 6Compliance with bye-laws issued by the regulated market. Cap. 370.

In KraftAmtlicher Text

(1) Persons licensed under the Investment Services Act and European investment firms which are granted the right of membership or access to a regulated market in terms of these regulations shall comply with any applicable bye-laws issued by the regulated market, including bye-laws relating to the membership, conduct of business and fees; bye-laws relating to transactions effected by means of the facilities provided by the regulated market; requirements and procedures for clearing and settlement; and any other bye-laws of the regulated market which are applicable to members of the regulated market or to persons having access to the regulated market in terms of these regulations.

(2) Branches or subsidiaries of European investment firms referred to in sub-regulation (1) shall comply with the aforementioned bye-laws on a continuing basis if they are to continue to benefit from the right of membership of or access to a regulated market, and the bye-laws of a regulated market shall include provision to this effect.

(3) Persons licensed under the Investment Services Act and

European investment firms referred to in sub-regulation (1) shall also on a continuous basis comply with the capital adequacy requirements set out and supervised by the home Member State or EEA State in terms of Directive 2013/36/EU and with any additional capital adequacy requirements in respect of matters not covered by the said Directive which the competent authority may impose.

Änderungsgeschichte
  • Amended by L.N. 386 of 2017