s 33 General obligations
33.—(1) A recognised market operator must —(a) as far as is reasonably practicable, ensure that every organised market it operates is a fair, orderly and transparent organised market; (b) manage any risks associated with its business and operations prudently; (c) in discharging its obligations under this Act, not act contrary to the interests of the public, having particular regard to the interests of the investing public; (d) ensure that access for participation in its facilities is subject to criteria that are —(i) fair and objective; and (ii) designed to ensure the orderly functioning of its organised market and to protect the interests of the investing public; (e) maintain business rules and, where appropriate, listing rules that make satisfactory provision for —(i) the organised market to be operated in a fair, orderly and transparent manner; and (ii) the proper regulation and supervision of its members; (f) enforce compliance with its business rules and, where appropriate, its listing rules; (g) have sufficient financial, human and system resources —(i) to operate a fair, orderly and transparent organised market; (ii) to meet contingencies or disasters; and (iii) to provide adequate security arrangements; (h) maintain governance arrangements that are adequate for its organised market to be operated in a fair, orderly and transparent manner; and (i) ensure that it appoints or employs fit and proper persons as its chairperson, chief executive officer, directors and key management officers.[4/2017] (2) In subsection (1)(g), “contingencies or disasters” includes technical disruptions occurring within automated systems.[4/2017]