What are the Key Principles behind the BSX Taxi Market Business Rules?
The BSX Taxi Market Business Rules are based on the following key principles:
- Applicants for recognition as BSX Taxi Licence Brokers must meet the minimum standards in relation to integrity, competency, experience and financial capacity;
- BSX Taxi Licence Brokers must carry out their obligations to their clients in a fair and professional manner and in the best interests of their clients at all times;
- BSX Licence Brokers must meet continuing requirements in relation to integrity, competency, experience and financial capacity to ensure they remain capable of properly carrying out their obligations to BSX, their clients and other BSX Taxi Licence Brokers; and
- Activities of BSX Taxi Licence Brokers and their clients must be carried out in an efficient and certain manner to reduce risk and promote confidence in the functioning of the BSX Taxi Licence Market.
