MAE-5.2.1

Any person applying for approval under MAE-5.1.1 shall submit to the CBB a written application that sets out:

(a) The name of the applicant;
(b) In the case where the applicant is a company:
(i) Its place of incorporation;
(ii) Its substantial shareholders;
(iii) Its directors and chief executive officer; and
(iv) Its principal business.
(c) In the case where the applicant is a natural person:
(i) His nationality;
(ii) His principal occupation; and
(iii) His directorships;
(d) All the companies in which the applicant has a substantial shareholding;
(e) The percentage of shareholding and voting power that the applicant has in the licensed exchange;
(f) The percentage of shareholding and voting power the applicant is seeking to have in the licensed exchange;
(g) The reasons for making the application;
(h) The mode and structure, as appropriate, under which the increase in shareholding would be carried out;
(i) Whether the applicant will seek representation on the board of directors of the licensed exchange; and
(j) Any other information that may facilitate the determination of the CBB as to whether the applicant is a fit and proper person for the purposes of Paragraph MAE-5.2.3 (a).
Amended: April 2013