ICO-A ICO-A Introduction
ICO-A.1 ICO-A.1 Purpose
Executive Summary
ICO-A.1.1
Module ICO sets out the regulatory framework for providing and securing mutual assistance and exchange of information with overseas authorities and exchanges for the purpose of enforcing and ensuring compliance with the respective laws and regulations of the CBB and the respective jurisdictions of the overseas authorities.
Adopted February 2009ICO-A.1.2
This Module imposes an obligation on capital market participants and intermediaries to provide information to the CBB as and when required by it in relation to overseas authorities covered under section ICO-B.1.
Adopted February 2009Legal Basis
ICO-A.1.3
Article 122 of the CBB Law provides the CBB with the power to provide assistance upon request by an overseas authority and to investigate and obtain information and documents for this purpose.
Adopted February 2009ICO-A.1.4
Article 111 of the CBB Law provides the CBB with the power to obtain information from licensees.
Adopted February 2009ICO-A.1.5
Article 112 of the CBB Law provides the CBB with the power to obtain information from others, including companies listed on a licensed exchange.
Adopted February 2009ICO-A.1.6
Article 123 of the CBB Law provides the CBB with the power to obtain information or documents in the possession of a third party and to compel such person to produce such information or dcuments and to take a copy or extract thereof.
Adopted February 2009ICO-A.1.7
This Module contains the CBB's Directives relating to the provision of information and documents pursuant to a request made by the CBB for providing and securing mutual assistance and exchange of information with overseas authorities and is issued under the powers available to the CBB under Articles 38 and 122 of the CBB Law. The Directive in this Module is applicable to all market participants and any persons who are in possession of information or documents, or who has information about the whereabouts of documents that are covered by the scope of this Module.
Adopted February 2009ICO-A.2 Module History
This Module was first issued in November 2008. Any material changes that are subsequently made to this Module are annotated with the calendar quarter date in which the change is made; Chapter UG-3 provides further details on Rulebook maintenance and version control.
Adopted February 2009ICO-A.3 Interaction with Other Modules
The obligations of CBB
licensees with respect to the maintenance of books, records and information shall be governed by the respective licensing framework provided under the relevant CBB Rulebook.Adopted February 2009
