Article 65 - Involvement in Contraventions

(1) A Person who is knowingly concerned in a contravention of these Regulations or any other Regulations conferring functions on the QFC Authority which is committed by another Person also commits the contravention.
(2) For the purposes of this Article 65, a Person is "knowingly concerned" in a contravention if, and only if, the Person:
(A) has aided, abetted, counselled or procured the contravention;
(B) has induced, whether by threats or promises or otherwise, the contravention;
(C) has in any way, by act or omission, directly or indirectly, been knowingly involved in or been party to, the contravention;
(D) has conspired with another or others to effect the contravention; or
(E) has, alone or in concert with others, directly or indirectly, done, attempted or planned any of the following:
(i) to conceal the existence or nature of a contravention; or
(ii) to obstruct, impede or prevent the QFC Authority, the Regulatory Authority or the CRO from detecting, investigating or prosecuting a contravention.
(3) In this Article 65, "Person" does not include the QFC Authority, the Regulatory Authority or the CRO.
Inserted (as from 24th December 2017).