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  • MAE-1.11 MAE-1.11 Place of Business

    • MAE-1.11.1

      No licensed exchange or licensed market operator must, without a prior written approval of the CBB:

      (a) Open a new place of business in the Kingdom;
      (b) Close or change an existing place of business in the Kingdom;
      (c) Open a new place of business abroad if the licensed exchange or licensed market operator is not an overseas exchange; and
      (d) The CBB may restrict its approval stipulated in MAE-1.6.1, subject to any other conditions, as it may deem necessary.
      Amended: April 2016