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bruneilawsby aturio
In forceAs enacted
Contents

Part IV · Self-Regulating Organisations

100. Application for recognition

(1)

Any person may apply to the Authority for an order declaring him to be a recognised self-regulating organisation for the purposes of this Order.

(2)

The application must be made in such manner as the Authority may direct and must be accompanied by-

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BRUNEI DARUSSALAM GOVERNMENT GAZETTE fa)

a copy of the applicant's regulations which must make provision for its constitution, membership, financial resources, safeguards for investors, monitoring and enforcement, expulsion, investigation of complaints, promotion and maintenance of standards, settlement of disputes, default regulations and appeals;

(b)

a copy of any guidance issued by the applicant which is intended to have continuing effect and is issued in writing or other durable medium;

(c)

such other information as the Authority may reasonably require for the purpose of determining the application; and

(d)

a non-refundable application fee, which shall be paid in the manner as specified by the Authority.

(3)

A self-regulating organisation which is granted recognition under this

Order is subject to the continuous supervision of the Authority and must ensure that it complies at all times with the requirements for initial recognition and any other continuing obligations under this Order.

(4)

The Authority shall grant recognition to a self-regulating organisation only if it is satisfied that both the organisation and its systems comply with the requirements of this Order and where it is in the interests of Brunei Darussalam to grant such a licence.

Supplemental information requirements.

Report

Read on from s 101

Part X

Part X.

Read on from Part X

Part VI

Public Company Statements and Reporting Requirements

Read on from Part VI

Part VII

Capital Markets Services Licence and Representative'S Licence

Read on from Part VII

Part VIII

Books, Audit and Client'S Assets

Part IX

Read on from Part IX

Part X

Intervention Powers of Authority

Read on from Part X

Part XI

Complaints Committee and Investor Compensation Scheme

Read on from Part XI

Part XII

Financial Markets Services Panel

Read on from Part XII

Part XIII

General

Read on from Part XIII