COLL 12.6.15 Duty to notify Regulatory Authority of trading suspension

(1) If an exchange on which a REIT is listed suspends trading in the REIT's units, the operator of the REIT:
(a) must immediately notify the Regulatory Authority orally about the suspension, giving the reasons (so far as the operator is aware of them) for the suspension; and
(b) must give the authority written confirmation of the suspension and those reasons within 1 business day.
(2) If the exchange permits trading in the units to re-start, the operator:
(a) must immediately notify the Regulatory Authority about the exchange's decision orally; and
(b) must give the authority written confirmation of the decision within 1 business day.
Inserted by QFCRA RM/2016-1 (as from 19th September 2016)