Duty of registered agents with respect to professional intermediary customers

(1) A registered agent shall not deal with professional intermediary customers in any jurisdictions that are declared by the Commission as falling below acceptable international (2) Where a registered agent deals with a professional intermediary customer who subsequently has been declared as falling below acceptable international standards, the registered agent shall take all measures to cease all dealings with such (3) The Director General may issue warning notices against professional intermediary customers of the registered agents who are non-cooperating or declared as falling below acceptable international standards. Principle