An Exchange shall prepare policies and procedures necessary to perform its activities after obtaining the Authority’s approval. Those policies and procedures shall in particular cover the following: 1. Agreements concluded between the Exchange and Members of the Exchange or the Clearing Agency, Market Maker or Issuers of Securities admitted to trading in the Exchange including the acknowledgement of contractors with the Exchange and their adherence to the rules and procedures of the Exchange. 2. Announcement of disclosures and the publishing of such information. 3. Risk management. 4. Complaints. 5. Monitoring System. 6. Disciplinary actions. 7. Charges and fees. 8. Code of professional conduct applicable to Members of the Board of Directors of the Exchange and its employees.