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  • MIR 6.1 MIR 6.1 Suspension and removal of Financial Instruments from trading

    • MIR 6.1.1

      The Regulator may for the purpose of protecting:

      (a) the interests of investors; or
      (b) the orderly functioning of the ADGM Financial System,

      require a Recognised Investment Exchange to suspend or remove a Financial Instrument from trading.

    • MIR 6.1.2 MIR 6.1.2

      The Regulator may for the purposes of Rule 6.1.1(a) or (b) require a Recognised Clearing House to cease Clearing a Financial Instrument.

      • Guidance

        The procedure the Regulator will follow if it exercises its power to require a Recognised Investment Exchange to suspend or remove a Financial Instrument from trading or Clearing is set out in Part 14 of FSMR. The procedure the Regulator will follow if it exercises its power to require a Recognised Clearing House to cease Clearing a Financial Instrument is set out in Part 14 of FSMR, as if references to Recognised Investment Exchanges were to Recognised Clearing Houses.

    • MIR 6.1.3

      If the Regulator exercises its power to require a Recognised Body to suspend or remove a Financial Instrument from trading or Clearing, it must as soon as reasonably practicable, publish its decision in such manner as it considers appropriate.