PRIV 4.1.2 Operator Must Comply with Legal and Regulatory Requirements

(1) The operator of a scheme must comply with every legal and regulatory requirement applying to the operator—
(a) in relation to the scheme; or
(b) as the operator of a scheme; or
(c) as an authorised firm.
(2) Without limiting subrule (1), the operator must act in accordance with the following:
(a) these rules;
(b) any regulations under which the scheme is established, including any law applied by, or that supplements, those regulations;
(c) the other provisions of the law applying in the QFC in relation to—
(i) the scheme; or
(ii) the operator as the operator of a scheme or as an authorised firm;
(d) the scope of the operator's authorisation, including any conditions, restrictions or requirements;

Note Authorisation is defined in the glossary.
(e) the scope of the scheme's registration, including any conditions, restrictions or requirements;
(f) the constitutional document;

Note Constitutional document is defined in r 3.1.1.
(g) the latest filed prospectus.

Note Latest filed prospectus is defined the glossary.
Derived from QFCRA RM/2010-06 (as from 1st January 2011)