Securities Markets Order, 2013 · s 50

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50.
Investigations in support of foreign regulatory authority
(1)
At the request of a foreign regulatory authority, as set out under section 49{a} to {c) the Authority may-
{a}
exercise the power conferred by section 43; or
{b)
appoint one or more competent persons to investigate any matter.
(2)
An investigator appointed under section (1l{b} has the same powers as an investigator appointed under section 44.
(3)
In deciding whether or not to exercise its investigation power, the
Authority may take into account in particular -
{a}
whether in the country or territory of the foreign regulatory authority concerned, corresponding assistance would be given to the
Authority;
1280

(bj whether the case concerns the breach of a law, or other regulatory requirement, which has no close parallel in Brunei Darussalam or involves the assertion of a jurisdiction not recognised by Brunei Darussalam;
(c) the seriousness of the case and its importance to persons in Brunei
Darussalam; or
(d) whether it is otherwise appropriate in the public interest to give the assistance sought.
(4)

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s 50Investigations in support of foreign regulatory authority

(1)

At the request of a foreign regulatory authority, as set out under section 49{a} to {c) the Authority may-

{a}

exercise the power conferred by section 43; or

{b)

appoint one or more competent persons to investigate any matter.

(2)

An investigator appointed under section (1l{b} has the same powers as an investigator appointed under section 44.

(3)

In deciding whether or not to exercise its investigation power, the

Authority may take into account in particular -

{a}

whether in the country or territory of the foreign regulatory authority concerned, corresponding assistance would be given to the

Authority;

1280

(c)

the seriousness of the case and its importance to persons in Brunei

Darussalam; or

(d)

whether it is otherwise appropriate in the public interest to give the assistance sought.

(4)