Article 17 - Guidance

(1) The Regulatory Authority may give Guidance consisting of such information and advice as it considers appropriate:
(A) with respect to the operation of the QFC Law, these Regulations, any Rules or any Related Regulations;
(B) with respect to any matters relating to functions of the Regulatory Authority;
(C) for the purpose of meeting the Regulatory Objectives; and
(D) with respect to any other matters about which it appears to the Regulatory Authority to be desirable to give information or advice.
(2) Guidance issued by the Regulatory Authority may be given generally, to a class of Authorised Firm, or to any Authorised Firm or other Person individually. Such Guidance may be issued either at the request of the Person seeking such Guidance or by the Regulatory Authority on its on initiative.
(3) If the Regulatory Authority proposes to give Guidance to Persons generally, or to a class of Authorised Firm, in relation to Rules to which those persons are subject, Articles 15(4) and (5) (Publicity Requirements) apply to the proposed Guidance as it applies to proposed Rules.
(4) Guidance issued by the Regulatory Authority is indicative of the view of the Regulatory Authority at the time and in the circumstances in which it was given and is non-binding.
(5) The Regulatory Authority may make Rules prescribing the procedures pursuant to which Persons or particular types of Persons may apply to the Regulatory Authority for Guidance and any fees payable by such Persons in respect of such Applications.
(6) Unless the Regulatory Authority is satisfied that it is inappropriate or unnecessary to do so, it must publish Guidance which is given generally or to a class of Authorised Firm or Person in such a way (including on the Regulatory Authority's website) as it considers appropriate for bringing the Guidance to the attention of:
(A) those likely to be affected by it; and
(B) others who may be likely to become subject to similar Guidance.