Cap. 345 Art. 13Capital Markets Rules.

(1) The competent authority may, from time to time, issue and publish Capital Markets Rules which shall be binding on all persons approved by it or falling under its regulatory or supervisory functions and others as may be specified therein.

(2) Without prejudice to the generality of sub-article (1), Capital Markets Rules issued by the competent authority may:

(a) lay down additional requirements and conditions in relation to persons approved by it, seeking its approval, or falling under the regulatory or supervisory functions of the competent authority, their activities, the conduct of their business, their relations with customers, the public and other parties, their responsibilities to the competent authority, reporting requirements, financial resources, capital adequacy and related requirements, and any other matters as the competent authority may consider appropriate;

(b) provide for the returns, statements and notices to be made or given for any purposes in regard to which the competent authority exercises supervisory or regulatory functions, and the form and contents thereof;

(c) prescribe the information that such persons are to submit to the competent authority;

(d) transpose, implement and give effect to the provisions and requirements of the Prospectus Regulation, the Directives and any other legislative measures of the European Union requiring transposition or implementation; and, or

(e) regulate any matter that is incidental to or connected with any of the matters mentioned above as the competent authority may consider appropriate in the performance of its functions.

(3) Capital Markets Rules may be made subject to such exemptions or conditions as may be specified therein, may make different provision for different cases, circumstances or purposes and may give to the competent authority such powers of adaptation of the Capital Markets Rules, as may also be so specified. 14. (Deleted by XLVI.2021.19).