MAE-1.6.1
Past version: Effective from 01 Oct 2008 to 31 Mar 2013
To view other versions open the versions tab on the right
The CBB may license a
(a) The CBB is satisfied that the establishment of a market or exchange to be operated by a person will;
1. Develop the financial sector and enhance confidence therein; and
2. Protect the interests of investors in the market and exchanges and enhance the Kingdom's credibility as an international financial centre; and
(b) The CBB is satisfied that the person , having applied to be a licensed exchange or licensed market operator under this Module, is able to comply with the obligations or requirements imposed on licensed exchanges or licensed market operators .