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  • Chapter 3 — Market Disclosure

    • 40. Database

      (1) The DFSA shall establish and maintain an electronic data gathering, analysis and retrieval system (the "database") for the receipt and storage of information filed or disclosed under this Part and any Rules made under this Part. The database is for the purpose of making information available to the public except where such information is confidential as prescribed in the Rules.
      (2) The DFSA may delegate to any person all or part of any function in Article 40(1) where it is satisfied that there are appropriate safeguards to ensure integrity and safety of the information and any applicable data protection requirements.

    • 41. Continuous disclosures

      (1) A Reporting Entity shall, subject to Article 41(4), make disclosures to the market of information specified by the DFSA in the circumstances prescribed by the Rules.
      (2) Without limiting the generality of Article 41(1), the DFSA shall, by Rules, prescribe the type of information and the circumstances in which such information shall be disclosed including:
      (a) financial information;
      (b) inside information as defined in Article 63(1)(a); and
      (c) any other information or material change which occurs in relation to a Reporting Entity.
      (3) Where information is required to be disclosed pursuant to Article 41(1), the Reporting Entity shall:
      (a) issue a release of information to the market disclosing the information; and
      (b) file a report with the DFSA,
      in the manner prescribed by the Rules.
      (4) Where a Reporting Entity has failed to publish information required to be published pursuant to Article 41(1) and the Rules made for the purposes of this Article, the DFSA may publish such information in a manner considered appropriate by the DFSA.
      (5) The DFSA may, by Rules, prescribe the circumstances in which a Reporting Entity need not comply with the disclosure requirement in Article 41(1).

    • 42. Disclosures by connected persons

      (1) A person who becomes a connected person of a Reporting Entity shall file with the DFSA and the relevant Reporting Entity a report that meets the requirements prescribed in the Rules made for the purposes of this Article.
      (2) The DFSA shall, by Rules, prescribe:
      (a) when a person is regarded as a "connected person" of a Reporting Entity;
      (b) events that trigger the requirement to file the report referred to in Article 42(1) ("the report");
      (b) the content and the manner of filing of the report;
      (c) when a person is, or is not, a connected person of a Reporting Entity or a Listed Fund; and
      (d) any other matter that is necessary or incidental for the purpose of giving effect to the requirements relating to the report.

    • 43. Disclosure of material interests

      (1) A person who has a material interest in or relating to a Reporting Entity or a Listed Fund shall give a notice relating to that interest ("notice") in the manner and form prescribed by the Rules.
      (2) For the purposes of Article 43(1), the DFSA shall, by Rules, prescribe:
      (a) what constitutes a "material interest";
      (b) persons required to give the notice;
      (c) persons to whom the notice is required to be given, including any circumstances in which such a notice is not required;
      (d) the content and the manner of giving the notice; and
      (e) any other matter that is necessary or incidental for the purpose of giving effect to the requirements relating to the notice.