Undertaking by advisers
2.8
Must an adviser who is subject to Rule 2.21 of the ACE LR file an undertaking each time it acts for a listed corporation?
No, an adviser who is subject to Rule 2.21 has to file only 1 undertaking. Such undertaking will be applicable for all clients. The form of the undertaking has been prescribed in Appendix 2A of the ACE LR.