(1) The market operator of a regulated market shall satisfy the Bank that the persons who are in a position to exercise, directly or indirectly, significant influence over the management of the regulated market are suitable.

(2) The market operator of a regulated market shall -

(a) provide the Bank with all information that the Bank may request regarding -

(i) the ownership of the regulated market,

(ii) the ownership of the market operator, and

(iii) the identity and scale of interests of any parties in a position to exercise significant influence over the management of the regulated market,

(b) inform the Bank of any transfer of ownership which gives rise to a change in the identity of the persons exercising significant influence over the operation of the regulated market, and

(c) make public the information referred to in subparagraphs (a) and (b) in the manner and at the times that the Bank may direct.