1. Financial Activities, Licensed Persons, Issuer, the members of the Board of Directors of each of them, their Executive Management and employees, as well as Foreign Issuer when dealing in Foreign Securities within the State, any dealings in Securities or Foreign Securities within the State, and any relevant Person thereto, shall be subject to the Authority’s supervision and oversight in accordance with the provisions of this Decree by Law and Relevant Legislation. 2. The Authority may seek the assistance of any person it deems appropriate to verify the compliance of the entities and Persons subject to its supervision with the provisions of this Decree by Law and Relevant Legislation. 3. The Authority shall monitor the quality of auditing performed on entities and Persons subject to its supervision and oversight. 4. The Authority shall determine the conditions for the nomination of members of an Issuer’s Board of Directors and may suspend or terminate the membership of any Board member who ceases to satisfy the conditions for nomination during their term of office. The members of the Board of Directors shall not be subject to the provisions of this clause where the Issuer is subject to the Central Bank. 5. The Authority shall take all necessary measures to ensure justice, integrity, and soundness of transactions related to the Capital Market and Financial Activities in the State, and to guarantee justice in dealings.
Interpretation and application must be checked against the official text and current version.