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  • Exercise of Certain Powers in Relation to Securities

    • MIE-1.2.6.1

      Where the CBB considers that:

      (i) It may be necessary to prohibit under the Markets & Exchanges (MAE) Module dealing in securities of, or made available by, a company or an issuer of securities;
      (ii) A person may have contravened any of the provisions of the Prohibition of Market Abuse and Manipulation (MAM) Module in relation to securities of, or made available by, a company; or
      (iii) A person may have contravened any of the provisions of the Disclosure Standards or Take-overs, Mergers, & Acquisitions (TMA) Module in relation to securities in a company;

      The CBB may require an officer of a company, or an issuer of securities, to disclose to the CBB any information of which he is aware and which may have affected any dealing that has taken place, or which may affect any dealing that may take place, in securities of or made available by, the company or the issuer of securities.

      Amended: July 2021

    • MIE-1.2.6.2

      Where the CBB believes on reasonable grounds that a person is capable of giving information concerning any of the following matters:

      (i) Any dealing in securities of, or made available by, a company or an issuer of securities;
      (ii) Any advice given or any report or analysis issued or published concerning such securities, by any capital market service provider to deal in securities, or a representative of such a holder;
      (iii) The financial position of any business carried on by a person who is or has been (either alone or together with another person or other persons) the holder of a capital market service provider to deal in securities and who has dealt or given advice or issued or published a report or an analysis concerning such securities;
      (iv) The financial position of any business carried on by a nominee controlled by a person referred to in paragraph (iii) or jointly controlled by two or more persons at least one of whom is a person referred to in that paragraph; or
      (v) An audit of, or any report of an auditor concerning any book of the capital market service provider to deal in securities, being a book relating to dealings in such securities.

      the CBB may require the person to disclose to the CBB the information that the person has about the matter.

      Amended: July 2021