Foreign-currency denomination requires listed securities and permitted financial products to trade in approved currencies, with USD references treated equivalently. Listed securities and other permitted financial products must be denominated in a specified foreign currency for trading on a recognised stock exchange. ... Summary
International Financial Services Centres Authority (Banking) Regulations, 2020
Foreign-currency denomination requires listed securities and permitted financial products to trade in approved currencies, with USD references treated equivalently.
Listed securities and other permitted financial products must be denominated in a specified foreign currency for trading on a recognised stock exchange. Specified foreign currency includes currencies listed in the applicable banking regulations or otherwise notified by the Authority. References to USD mean the equivalent amount in the currency in which the securities are issued.
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