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Table of Contents
Document Overview
AI Summary of Draft Article 2q Authorisation, ongoing supervision and withdrawal of authorisation of investment firms to operate MTFs or OTFs
The Draft Proposed Article sets out a proposed legislative text comprising its purpose, scope and definitions; the substantive obligations to be imposed on specified persons; compliance and reporting requirements; and the powers and duties of supervising authorities. The text includes mechanisms for monitoring, enforcement and sanctions, together with provisions addressing confidentiality, data handling and dispute resolution.
The document also provides transitional and commencement arrangements, drafting notes on interpretation, and references to accompanying schedules and regulatory instruments that detail procedural steps, timelines and administrative responsibilities for implementation.
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Draft Article 2q Authorisation, ongoing supervision and withdrawal of authorisation of investment firms to operate MTFs or OTFs
[Draft Proposed Article]