Depository receipt compliance requires pre existing issuers to regularise and mandates that new issues follow the Rules. Rule 8 requires companies that issued depository receipts before the Rules commenced to bring those issuances into compliance within a specified ... Summary
Depository receipt compliance requires pre existing issuers to regularise and mandates that new issues follow the Rules.
Rule 8 requires companies that issued depository receipts before the Rules commenced to bring those issuances into compliance within a specified transitional period, and provides that any depository receipt issues after that period must be made in accordance with the Rules.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.