Regulatory Alerts2022-06-27
Proposed SME Mentorship Rules and Special Market Listing Requirements
The Trinidad and Tobago Stock Exchange proposes new rules requiring Small and Medium Enterprises to engage TTSE-approved mentors for capacity building prior to listing on the SME Market. These regulations establish strict eligibility criteria for mentors, define their advisory responsibilities, and mandate a formal mentorship agreement between the mentor and the SME. Concurrently, the Exchange introduces special listing requirements for the SME Market, including capital raising thresholds, shareholder distribution standards, and corporate governance mandates.
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