Cap. 590 ст. 12Powers of the competent authority.

(1) Without prejudice to any other powers of the competent authority under other provisions of the Act, the competent authority shall also have the power to:

(a) require the inclusion in the whitepaper, advertisements or the issuer’s website, as applicable, of supplementary information necessary for investor protection as the competent authority may specify;

(b) require the amendment in the whitepaper, advertisements or the issuer’s website, as applicable, of any information necessary for investor protection as the competent authority may specify;

(c) suspend an initial VFA offering or the trading on a VFA exchange or prohibit or suspend advertisements if the competent authority, in its reasonable discretion, believes or suspects that a provision of this Act has been infringed;

(d) prohibit an initial VFA offering or trading on a VFA exchange if the provisions of this Act have been infringed or if the competent authority, in its reasonable discretion, believes or suspects that they have been or could be infringed; and

(e) make public the fact that an issuer is failing to comply with his obligations under any provision of the Act and may disclose measures or sanctions imposed on any person responsible for the issue, circulation or distribution of a whitepaper, unless such disclosure would cause disproportionate damage to the persons involved.

(2) Where a person under sub-article (1) is an issuer within the meaning found under this Act, the reference to "VFA exchange" shall be read as a reference to "DLT exchange".