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
Compulsory delisting permits recognised exchanges to remove suspended or previously delisted instruments where special circumstances or binding directions require it. Regulation 127 authorises a recognised stock exchange to compulsorily delist an issuer's securities or permitted financial products where they have ... Summary
Compulsory delisting permits recognised exchanges to remove suspended or previously delisted instruments where special circumstances or binding directions require it.
Regulation 127 authorises a recognised stock exchange to compulsorily delist an issuer's securities or permitted financial products where they have remained suspended for more than six months, have been compulsorily delisted by another exchange, or where special circumstances warrant removal. The delisting power may also be exercised where the Authority, another relevant authority, or a court having jurisdiction directs that such securities or products be delisted.
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