2012-01-01
The Financial Services Commission of Mauritius issued these amendment rules to modify the disclosure obligations for reporting issuers under the Securities Act 2005. The rules amend Rule 3 of the principal regulations by requiring reporting issuers to notify the Commission of registration statement changes and submit an updated document within two weeks. These provisions commenced on 1 January 2013 to ensure timely and accurate market disclosures.
The text below is an internet version of the Rules made by the Financial Services Commission under section 93 of the Financial Services Act 2007 and section 155 of the Securities Act 2005 and is for information purpose only. Whilst reasonable care has been taken to ensure its accuracy, the authoritative version is the one published in the Government Gazette of Mauritius. (GN NO. 235 OF 2012) SECURITIES (DISCLOSURE OBLIGATIONS OF REPORTING ISSUERS) (AMENDMENT) RULES 2012 FSC Rules made by the Financial Services Commission under Section 155 of the Securities Act 2005
Citation These rules may be cited as the Securities (Disclosure Obligations of Reporting Issuers) (Amendment) Rules 2012.
Interpretation In these rules — ‘principal Rules’ means Securities (Disclosure Obligations of Reporting Issuers) Rules
Amendment to Rule 3 Rule 3 of the principal Rules is amended by adding the following paragraph- (3) Where there is any change in the information contained in the registration statement mentioned in paragraph (1), the reporting issuer shall within two weeks from the date of the change — (a) inform the Commission of the specific information that has changed; and (b) submit an updated registration statement to the Commission.
Commencement These rules shall come into operation on 1 January 2013. Made by the Financial Services Commission on 24 December 2012.