133. Regulatory co-operation

(1) The AFSA may, where it considers appropriate, exercise its powers under these Regulations or under any other AIFC Regulations or Rules for the purpose of assisting the exercise by specified Persons of their regulatory functions.

(2) The AFSA must implement policies and procedures to ensure that it:

• (a) is able to exercise its powers on behalf of specified Persons, including powers to obtain information that has been appropriately requested;
• (b) protects the confidentiality of such information; and
• (c) restricts the disclosure of such confidential information by limiting the purposes for which, and the Persons to whom, such disclosure may be made.

(3) The AFSA may make Rules for the purpose of assisting the exercise by specified Persons of their regulatory functions.