The Draft Proposed Article establishes a regulatory framework governing the designated activity, defining scope, key terms and the duties of regulated persons. It sets out substantive requirements for conduct, governance and risk management, prescribes record‑keeping and disclosure obligations, and identifies the persons and entities subject to the regime, together with specified exclusions and thresholds.

The text details supervisory powers, compliance monitoring, reporting requirements and administrative sanctions for breaches, and provides transitional arrangements, compliance timelines and review mechanisms. It outlines consultation records and the process for future amendment and enforcement by the competent authority.