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MIE-1.12.7

If the staff of the CMSD or the authorised CBB staff fail to enter and inspect the premises, offices, or locations of any SRO, or member of an SRO or any other capital market service provider, to obtain any information, or documents, or data, then the CMSD shall seek approval for formal investigation, and the CMSD investigator appointed to conduct the formal investigation may seek a court order, as per Article 124 of the CBB Law, to carry out the following:

(a) Entering and inspecting specific premises and obtaining relevant information, data, or documents.
(b) Copying or taking extracts of any relevant document, information or data.
(c) Compelling any person employed by any SRO, or member of an SRO or any other capital market service provider, to give an explanation, or to specify the whereabouts of any documents, information, or data.

Compelling force may be used, where necessary.

Amended: July 2021