Article 27 — Duty to Provide Information

27.1 The QFC Authority, the CRO, and/or the Regulatory Authority may, by notice to the Designated Representative or the Single Family Office, require the Designated Representative or the Single Family Office to provide such information as is specified in the notice or such other information the QFC Authority, the CRO, or the Regulatory Authority deem appropriate. A notice given pursuant to this Article is referred to as an "Information Notice".
27.2 The Designated Representative and the Single Family Office must provide the information specified in the Information Notice within the stipulated time.
27.3 The powers to require information under this Article may be exercised if the QFC Authority, the CRO, or the Regulatory Authority (as the case may be) consider that there are reasonable grounds to suspect that the Single Family Office has breached, is breaching or is about to breach, its obligations under these Regulations, and the information sought to be obtained, as a result, is reasonably required to determine whether the Single Family Office has breached, is breaching or is about to breach, its obligations under these Regulations.
27.4 Where information is requested:
(a) the Information Notice must set out the reasons why the required information must be provided or produced; and
(b) such information must be provided or produced before the end of such reasonable period as shall be specified in the Information Notice and at such place as may be specified.