CRA-4.12.35
The Rules must, inter alia, include Sections on:
(a) the administration of the licensed crypto-asset exchange , including but not limited to governance, compliance and risk management;
(b) how the licensed crypto-asset exchange operates, including the client on boarding procedure, the procedure for the listing of crypto-assets , trading procedures, pre- and post-trade transparency, market monitoring, custody and safekeeping arrangements, record keeping, and fees;
(c) the reporting of suspicious transactions;
(d) settlement and resolution mechanisms in the event of settlement failure;
(e) suspension and removal from trading;
(f) business continuity; and
(g) Actions or measures which the licensed crypto-asset exchange can take against its clients .
Amended: April 2023
Added: April 2019
Added: April 2019