Regulation 83 establishes the applicability of Part A of Chapter XII, containing general listing obligations and disclosure requirements. Part A applies to securities listed on recognised stock exchange(s) under the International Financial Services Centres Authority (Listing) Regulations, 2024. The provision confines these obligations to securities listed pursuant to those Regulations and identifies listed status as the trigger for their application.

Listing of other financial products may be undertaken by an issuer on a recognised stock exchange in the manner and subject to the conditions specified by the Authority. The Authority may prescribe the applicable listing process and conditions for such financial products.

Regulation 81 permits an issuer to list a certificate of deposit on a recognised stock exchange in the manner and subject to conditions specified by the International Financial Services Centres Authority. The Authority's specifications govern the procedure by which an issuer may pursue listing and the conditions applicable to listing certificates of deposit.

Commercial paper listing is permitted on a recognised stock exchange for an issuer, subject to the manner and conditions specified by the Authority. Compliance with Authority-specified requirements is necessary for listing, with regulatory discretion governing the prescribed listing manner and conditions applicable to issuers.

Regulation 79 permits an issuer to list a fund or investment trust on a recognised stock exchange in accordance with the IFSCA (Fund Management) Regulations, 2022. Listing eligibility and admission to trading are subject to the applicable fund-management regulatory framework.

Issuers of ESG-labelled debt securities, other than sustainability-linked debt securities, must annually disclose use and allocation of proceeds, project or asset details, ESG impact indicators, and the methods and assumptions used for impact metrics. Sustainability-linked debt issuers must report performance against selected key performance indicators and Sustainability Performance Targets, including relevant baselines and information enabling investors to assess target ambition. Independent external verification must address target performance and the related impact and timing of any financial or structural adjustment.

ESG-labelled debt securities require disclosures on ESG objectives, project or asset selection, proposed use of proceeds, and systems for tracking deployment. Sustainability-linked debt securities require disclosure of the issuance rationale and consistency with the issuer's sustainability and business strategy, together with compliance with applicable international pre-issuance and post-issuance standards. Alignment with the ICMA Sustainability-Linked Bond Principles entails disclosures and continuing obligations concerning performance indicators, target calibration, bond characteristics, reporting, and verification.

ESG-labelled debt securities may be described as green, social or sustainability only where issuance proceeds are proposed to finance or refinance projects or assets aligned with recognised standards. Sustainability-linked debt securities must align with those standards or other qualifying criteria. Issuers must appoint an independent and suitably qualified external reviewer, with remuneration structured to prevent conflicts of interest, and must adequately disclose reviewer details in an easily accessible manner for investors.

ESG-labelled debt securities, including green, social, sustainability, sustainability-linked, and other specified ESG-labelled instruments, fall within Chapter X when listed or proposed for listing on a recognised stock exchange. The Chapter X requirements apply in addition to the requirements under Chapter IX.

A recognised stock exchange may relax certain debt-security listing requirements on an issuer's application, in accordance with its internal policy or guidelines. Exempt categories include supranational, multilateral and statutory institutions or agencies, entities with securities irrevocably guaranteed by a Sovereign, and other entities specified by the Authority.

Public issues of debt securities on recognised stock exchanges require the issuer to appoint a trustee, create a debenture redemption reserve, and comply with further requirements specified by the Authority or the recognised stock exchange. The framework covers trustee appointment, redemption-reserve creation, and additional issuance requirements.

Debt securities proposed for listing require the issuer to obtain a credit rating from an agency registered with the Authority or a regulator in a Foreign Jurisdiction. From 1 April 2025, or another specified date, at least one rating must be obtained from an Authority-registered agency. Details of ratings assigned to the debt securities must be disclosed in the applicable prospectus, shelf prospectus or information memorandum.

Private placement of listed debt securities requires the offer document to disclose the minimum subscription amount applicable to an investor. The requirement ensures that the minimum investment threshold for participation is stated in advance.

Initial disclosures for listed debt securities must be true, correct, material and adequate for informed investment decisions. Issuers must provide issuer-related and issue-related information, including risk factors, financial statements, management, material litigation and defaults, debt security details, proposed listing exchanges and use of proceeds. Additional exchange-specified information may be required. Pricing supplements must be submitted before admission to listing, and security or collateral details must be adequately disclosed. Exchanges may grant disclosure exemptions under internal policies or guidelines.

An issuer seeking to list debt securities on a recognised stock exchange must submit a listing application with the applicable offer document or information memorandum, in accordance with the exchange's specified requirements. The application must also be filed with the applicable regulatory fee, which is to be remitted to the Authority in the manner it specifies.

Debt securities may be listed by an issuer on a recognised stock exchange. Securities proposed for issuance and listing may be offered as a standalone issuance or through a series of issuances. A series may include a medium term note programme, allowing issuers to structure listed debt offerings either individually or under a programme-based issuance arrangement within the recognised exchange framework.

An issuer whose depository receipts are already listed in a jurisdiction outside IFSC may obtain a secondary listing without public offer on a recognised stock exchange. The issuer must file the listing application for that secondary listing in the form and manner specified by the recognised stock exchange or exchanges.

Listing of publicly offered depository receipts requires the issuer to list them on the recognised stock exchange or exchanges within the period specified by the relevant recognised stock exchange.

Depository receipt issuers and lead manager(s) must ensure timely completion of allotment following closure of a public issue. Allotment of depository receipts, associated payments, and any refunds must be completed within five working days from the issue's closing date. The obligation establishes a defined post-issue timetable for settling allotments, processing payments, and returning refundable amounts.

Listing of depository receipts offered publicly is permitted only where the offer receives minimum subscription of USD seven hundred thousand or another amount specified by the Authority.