Financial Markets Act (Cap. 345), article 12C

12C. (1) The competent authority may register or refuse an application for registration ma de in accordance with article 12 B, in the manner and the circumstances prescribed. (2) In granting a registration the competent authority may subject the applicant to such conditions as it may deem appropr iate. After having granted registration, the competent authority may, from time to time, vary or revoke any condition so imposed or 30 CAP. 345.] FINANCIAL MARKETS otherwise impose new conditions. (3) A register of all sponsors to whom registration has been granted in terms of this Act shall be established by the compet ent authority. The register shall be publicly available on the comp etent authority’s website and shall indicate the names of the persons to whom such registration has been granted, and it shall be update d on a regular basis. Power of competent authority to cancel or suspend registration of a sponsor. Added by: XI.2025.11.