International Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021 Chapter IV GENERAL OBLIGATIONS OF A RECOGNISED STOCK EXCHANGE AND A RECOGNISED CLEARING CORPORATION
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Prior approval for exchange bye-laws and constitutional amendments governs contracts, clearing, settlement, and regulated institutional matters. Bye-laws governing contracts and clearing and settlement must be made by recognised stock exchanges and recognised clearing corporations only with the ... Summary
Prior approval for exchange bye-laws and constitutional amendments governs contracts, clearing, settlement, and regulated institutional matters.
Bye-laws governing contracts and clearing and settlement must be made by recognised stock exchanges and recognised clearing corporations only with the Authority's prior approval. Amendments to those bye-laws, and to constitutional documents concerning matters under the SCRA or the Market Infrastructure Institutions Regulations, also require prior approval.
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