Listing regulation definitions establish core issuer, securities, offering, governance, and market-participant terminology for IFSC listing compliance. Regulation 3 establishes definitions governing listings and proposed listings of securities and permitted financial products on recognised stock exchanges ... Summary
Listing regulation definitions establish core issuer, securities, offering, governance, and market-participant terminology for IFSC listing compliance.
Regulation 3 establishes definitions governing listings and proposed listings of securities and permitted financial products on recognised stock exchanges in an International Financial Services Centre. It defines issuers, Listed Entities, securities, specified securities, debt securities, depository receipts, public offers, qualified institutions placements, control, controlling shareholders, Special Purpose Acquisition Companies and business combinations. Foreign Jurisdiction status depends on regulatory cooperation arrangements and excludes jurisdictions identified for serious or insufficiently addressed anti-money-laundering or counter-terrorist-financing deficiencies. Undefined terms adopt meanings assigned under identified financial-services, companies, securities-market and depository legislation.
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