MIR 2.9.3

Past version: effective from 21/10/2015 - 20/10/2015
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In determining whether a Recognised Body's measures are appropriate to reduce the extent to which its facilities can be used for a purpose connected with market abuse or financial crime, to facilitate their detection and to monitor their incidence, the Regulator may have regard to:

(a) whether the rules of the Recognised Body enable it to disclose any information to the Regulator or other appropriate bodies involved in the detection, prevention or pursuit of market abuse or financial crime inside or outside the Abu Dhabi Global Market; and
(b) whether the arrangements, resources, systems, and procedures of the Recognised Body enable it to:
(i) monitor the use made of its facilities so as to obtain information regarding possible patterns of normal, abnormal or improper use of those facilities;
(ii) detect possible instances of market abuse and financial crime, for example, by detecting suspicious patterns in the use of its facilities;
(iii) communicate information about market abuse and financial crime promptly and accurately to appropriate organisations; and
(iv) cooperate with all relevant bodies in the prevention, investigation and pursuit of market abuse and financial crime.