The draft proposed article sets out its purpose, scope and key definitions, and establishes obligations for regulated persons including compliance duties, transparency and reporting requirements, record‑keeping, risk assessment and governance measures. It specifies duties for senior persons, requirements for organisational policies and operational controls, and mandatory information disclosures to the regulator.

The draft provides supervisory and investigatory powers, enforcement tools including administrative sanctions, civil remedies and offences, procedures for investigations and enforcement action, appeal and review rights, and transitional provisions with an effective date and phased implementation timelines. Annexes detail reporting formats and enforcement considerations.