MKT 5.2.5

Where a Reporting Entity is advised by its compliance adviser that it is failing or has failed to comply with its obligations under the FSMR and these Rules, the Reporting Entity must without undue delay:

(1) take reasonable steps to rectify the failure as soon as practicable; and
(2) if the Reporting Entity does not or is unable to rectify the failure as soon as practicable notify the Regulator of that fact.