68. Issuers should coordinate to develop and agree on the common section of the redemption plan …

Issuers should coordinate to develop and agree on the common section of the redemption plan, which should contain at least the following parts:

i. the general principles and objectives governing the redemption plan as stated in the ‘ General principles and objectives of the redemption plan’ section of these Guidelines;
ii. the ‘ Critical activities and contractual arrangements ’ section of these Guidelines with a view to identifying the critical activities under the control of which issuer should be operational for the effective implementation of the common redemption plan;
iii. the ‘ Process for the orderly redemption of token holders’ claims’ section ;
iv. the ‘ Communication plan ’ section ;
v. the effective coordination between the issuers for the development, review and update of the redemption plan;
vi. the effective coordination between the issuers for the orderly implementation of the plan upon its activation by decision of the competent authority; and
vii. the commitment of all issuers to fully and faithfully comply with the terms of the redemption plan commonly agreed upon.

1. Overview

Summary	Regulation

Requirements
Source	Requirement

Standards
Source	Requirement