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MIR 7.5.3

Past version: effective from 21/10/2015 - 20/10/2015
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The following events are examples of events likely to affect an assessment of whether a Non-Abu Dhabi Global Market Recognised Body is continuing to satisfy the Non-Abu Dhabi Global Market Recognition Requirements:

(a) significant changes to any relevant law or regulation in its home territory, including laws or regulations:
(i) governing exchanges or Clearing houses;
(ii) designed to prevent insider dealing, market manipulation or other forms of market abuse or misconduct;
(iii) designed to protect the interests of clients of Members of the Non-Abu Dhabi Global Market Recognised Body, or of a class of bodies which includes the Non-Abu Dhabi Global Market Recognised Body;
(iv) which affect:
A. the ability of the Non-Abu Dhabi Global Market Recognised Body to seek information (whether compulsorily or voluntarily) from its Members, including information relating to the price and volume of transactions, the identity of parties to transactions, and the movement of funds associated with transactions; and
B. the ability of the Non-Abu Dhabi Global Market Recognised Body to pass such information, on request, to Global Market authorities;
(b) significant changes to its internal organisation or structure;
(c) significant changes to the practices of the Non-Abu Dhabi Global Market Recognised Body applying to any Regulated Activities carried on by it in the Abu Dhabi Global Market; or
(d) any other event or series of events in relation to the body which:
(i) affects or may significantly affect cooperation between the Non-Abu Dhabi Global Market Recognised Body, or its supervisor in its home territory, and the Regulator;
(ii) has or may have a substantial effect on the structure of the markets in which the body operates;
(iii) brings about or may bring about a substantial change in the nature and composition of its Membership in the Abu Dhabi Global Market; or
(iv) brings about or may bring about a substantial change in the Regulated Activities undertaken by it in the Abu Dhabi Global Market.