ENTITIES WITH SPECIFIED SECURITIES LISTED ON RECOGNISED STOCK EXCHANGES AS A PRIMARY LISTINGInternational Financial Services Centres Authority (Listing) Regulations, 2024
ENTITIES WITH SPECIFIED SECURITIES LISTED ON RECOGNISED STOCK EXCHANGES AS A PRIMARY LISTINGInternational Financial Services Centres Authority (Listing) Regulations, 2024
Incentive prohibition in public offers bars issue-connected persons from offering or receiving application-linked benefits beyond legitimate service fees. Persons connected with an issue are prohibited from offering or receiving direct or indirect incentives to induce applications in an initial public offer. ... Summary
Incentive prohibition in public offers bars issue-connected persons from offering or receiving application-linked benefits beyond legitimate service fees.
Persons connected with an issue are prohibited from offering or receiving direct or indirect incentives to induce applications in an initial public offer. The restriction applies to benefits in cash, kind, services or any other form. Fees or commissions are permissible only for services rendered in relation to the issue.
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