2020-03-30

FSCA Communication 13 of 2020 (FM) - Extension of Objection Period for JSE Debt Listing Amendments

The Financial Sector Conduct Authority extends the objection deadline for Board Notice 50 of 2020, which proposes amendments to Johannesburg Stock Exchange debt listing requirements. Citing operational constraints from South Africa's COVID-19 lockdown, the Authority moves the submission window to 30 April 2020. Interested parties must submit all written objections via email to Michael.kabai@fsca.co.za for processing.

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FSCA Communication 13 of 2020 (FM) 30 March 2020 Extension of period to raise objections: Board Notice 50 of 2020 - Proposed amendments to the debt listing requirements of the JSE

  1. On 27 March 2020, the Financial Sector Conduct Authority (the Authority) published proposed amendments to the debt listing requirements of the JSE in Board Notice 50 of 2020 in Government Gazette No. 43145 (Board Notice 50 of 2020). All interested parties were invited to raise objections to the proposed amendments to the Authority within 14 days of publication of Board Notice 50 of 2020.
  2. The Financial Sector Conduct Authority (the Authority), however, acknowledges the impact on South Africa of the COVID-19 virus and the lockdown declared by the President, and the operational capacity required in dealing with such impact.
  3. As such, the Authority is extending the period to raise objections to the proposed amendments to 30 April 2020.
  4. As per Board Notice 50 of 2020, all objections must be lodged at the following email address: Michael.kabai@fsca.co.za.
  5. For more information regarding this Communication, please also send an email to the above-mentioned email address.