V-1.1 - Securities Act

Section 186.2.1 Disposition versions

2021-06-02

186.2.1. A designated benchmark administrator must comply with the requirements set by regulation, including requirements relating to

(1)  governance, internal controls and conflict of interest management;

(2)  the establishment, publication and enforcement of a code of conduct for contributors as well as the minimum requirements of such a code;

(3)  the integrity and reliability of the designated benchmarks that the administrator administers;

(4)  any restriction or prohibition relating to the provision and administration of a designated benchmark;

(5)  the keeping of the books and registers necessary for the conduct of its business;

(6)  the disclosure of information to the Authority, the public or the users of a designated benchmark that the administrator administers;

(7)  the methods used to establish the designated benchmarks that the administrator administers; and

(8)  the control framework for its activities, in particular operational risk management, business continuity and disaster recovery.

2018, c. 23, s. 688; 2021, c. 15, s. 105.

2018-06-13

186.2.1. A benchmark administrator subject to this Act must comply with the requirements set by regulation, including requirements relating to

(1)  governance, internal controls and conflict of interest management;

(2)  the establishment, publication and enforcement of a code of conduct for contributors as well as the minimum requirements of such a code;

(3)  the integrity and reliability of the designated benchmarks that the administrator administers;

(4)  any restriction or prohibition relating to the provision and administration of a designated benchmark;

(5)  the keeping of the books and registers necessary for the conduct of its business;

(6)  the disclosure of information to the Authority, the public or the users of a designated benchmark that the administrator administers;

(7)  the methods used to establish the designated benchmarks that the administrator administers; and

(8)  the control framework for its activities, in particular operational risk management, business continuity and disaster recovery.

2018, c. 23, s. 688.