S.L. 370.44 Art. 6Powers of the competent authority.

Without prejudice to any other regulatory and investigatory powers of the competent authority, in order to fulfil its duties under the MMF Regulation, the competent authority shall have the following supervisory and investigatory powers:

(a) request access to any document in any form, and to receive or take a copy thereof;

(b) require an MMF or the manager of an MMF to provide information without delay;

(c) require information from any person related to the activities of an MMF or the manager of an MMF;

(d) carry out on-site inspections with or without prior announcement;

(e) take appropriate measures to ensure that an MMF or the manager of an MMF continues to comply with the MMF Regulation;

(f) issue an order to ensure that an MMF or the manager of an MMF complies with the MMF Regulation and desists from a repetition of any conduct that could infringe the MMF Regulation.