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(2 versions)
Jul 1 2006 - Jul 10 2010Jul 11 2010 onwards

PRS 4.2.2

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The definitive version of DFSA handbook text is the PDF version as that is the text of the instrument as made and published by the DFSA.

To view past versions of this module in PDF format, please visit the Archive.

(1) A Stabilisation ManagerG must not conduct, or permit his Stabilisation AgentG to conduct, any Price StabilisationG unless:
(a) the requirements of PRS Rule 4.2.1 are fulfilled;
(b) the Authorised Market InstitutionG or other exchange on which the Eligible SecuritiesG are admitted to trading have been informed that Price StabilisationG in those Eligible SecuritiesG may take place during the Stabilisation WindowG and that any requirements been complied with; and
(c) there are systems and controls in place to ensure compliance with PRS.
(2) A Stabilisation ManagerG must establish a register of Price StabilisationG and take reasonable steps to satisfy himself that the mechanisms required to update the register are in place.

Derived from DFSA RM21/2005 (Made 1st August 2005). [VER1/08-05]
[Amended] DFSA RM70/2010 (Made 11th July 2010). [VER3/07-10]