Relaxation of regulatory enforcement: Board may relax strict compliance to protect investors and support market development. The Board may relax the strict enforcement of any requirement of these Regulations in the interest of investors or for securities market development where ... Summary
Relaxation of regulatory enforcement: Board may relax strict compliance to protect investors and support market development.
The Board may relax the strict enforcement of any requirement of these Regulations in the interest of investors or for securities market development where the requirement is procedural or technical, causes undue hardship to investors, where disclosure is not relevant to a particular industry or class of listed entities, where non compliance was due to factors beyond the issuer's control, or where provisions of governing Acts, Rules or regulations must be given precedence.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.