Document ID: chunk:federal_register_of_legislation:F2024C01108:reg:5:p26
Version: federal_register_of_legislation:F2024C01108
Segment Type: reg
Provision Reference: reg 5 (pt 26/35)
Character Range: 371335–374158

the Market operator in relation to each application for admission as a Participant of its Market;
(C)       compliance by an Issuer with its continuous disclosure obligations and periodic disclosure obligations;
(D)       each market-related dispute made to the Market operator, its assessment, investigation and resolution;
(iii)     decisions made by the Market operator about:
 1.        imposing a Trading Pause in the event of an identified ETR Event;
 2.        placing a financial product in Trading Suspension or lifting or removing a Trading Suspension;
 3.        cancelling a transaction; or
(iv)      any outsourcing arrangement that the Market operator has in place with another person (including a related body corporate) in connection with operating the Market;
(b)       are used by the Market operator's board of directors or senior managers to consider whether the Market operator has sufficient financial, technological and human resources to operate the market properly; or
(c)        demonstrate the Market operator's compliance with its licence conditions.

9.5.2 Records to be retained for prescribed period
A Market operator must retain the records referred to in this Part for seven years from the date the record is made.

9.5.3 Records kept outside Australia
If a record required to be kept by a Market operator under this Chapter 9 is kept outside Australia, the Market operator must, if directed in writing by ASIC to produce that record at a place in Australia by a specified time, comply with that direction:
(a)        within the time specified in the direction if that is a reasonable time; or
(b)       in any other case, within a reasonable time.

Part 9.6 Supervision and risk management

9.6.1 Persons involved in the business—Good fame and character requirement
(1) A Market operator must ensure that any Employee or other person who is or will be involved in the business of operating the Market and, in the case of a body corporate, each director or Controller, is of good fame and character and high business integrity having regard to subrule (2).
(2) In assessing whether a person is of good fame and character and high business integrity for the purpose of subrule (1):
(a)        a person will not be of good fame and character if he or she is disqualified from managing a corporation under the Corporations Act or under the law of another country, or is an insolvent under administration or its equivalent in another country; and
(b)       a person may not be of good fame and character or high business integrity if the person has been:
 1.          convicted of any offence;
(ii)       disciplined by or adversely mentioned in a report made by, or at the request of, any government or governmental authority or agency;
(iii)     adversely mentioned in a report made by, or at