Regulatory Alerts1998-04-30
Instruction COSOB No. 98-01 of April 30, 1998, on the Admission of Securities to Stock Exchange Trading
The COSOB issued Instruction No. 98-01 to establish the mandatory documentation requirements for companies seeking to admit their capital or debt securities to stock exchange trading. The regulation details specific submission categories including general documentation, capitalization data, economic and financial statements, and legal records, while also outlining verification procedures for the legal status and negotiability of the securities. It further mandates annual reporting to the SGBV regarding the number of outstanding bonds and enters into force upon its signature on April 30, 1998.
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