Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.2 - LICENSING OF FINANCIAL MARKETS  

Division 4 - The Australian market licence: applications (general)  

REGULATION 7.2.11  

7.2.11   INFORMATION  
For paragraph 795A(1) (a) of the Act, the following information is required as part of an application by the body corporate for an Australian market licence:

(a) the body corporate's name, address and contact details;

(b) the name, address and contact details of any person who will act on behalf of the body corporate in relation to the application;

(c) details of the body corporate's major shareholders and organisation, including:

(i) the name, address and contact details of each director; and

(ii) the name, address and contact details of each secretary; and

(iii) the name, address and contact details of each executive officer of the body corporate; and

(iv) whether any director, secretary or executive officer is, or has been, disqualified from managing a corporation under a law of this jurisdiction or another jurisdiction;

(d) a description of the body corporate's business or functions, other than the operation of the proposed market;

(e) details of the financial products to be traded on the proposed market;

(f) whether the proposed market will involve the provision of a financial product to a person as a retail client;

(g) details of the clearing and settlement arrangements that have been made, or are proposed, for the proposed market;

(h) details of the technological resources that will be used in the operation of the market, including details of:

(i) the purpose of the resources; and

(ii) how the resources are to be supplied, managed, maintained and upgraded; and

(iii) how the security of information technology systems is to be protected;

(i) details of the arrangements for dealing with conflicts between the body corporate's commercial interests and its obligations to supervise and monitor the market;

(j) details of the arrangements for the supervision of employees of the body corporate who have duties and responsibilities of a kind that supervision of the employees is necessary to protect the integrity of the operation of the proposed market;

(k) if the ACCC has made a decision in relation to the market that the body corporate will operate - details of the decision.