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.