Regulatory Alerts2016-01-01
Securities (Disclosure Obligations of Reporting Issuers) (Amendment) Rules 2016
The Financial Services Commission enacted these rules to amend the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007 by removing a specific disclosure requirement. The amendment deletes the Schedule item that previously mandated reporting issuers to list the name and address of every associate of a senior officer. These rules came into operation on 25 April 2016, thereby simplifying ongoing reporting obligations for issuers.
824 Government Notices 2016
Government Notice No. 104 of 2016
SECURITIES ACT
Rules made by the Financial Services Commission under section 155 of the Securities Act
These rules may be cited as the Securities (Disclosure Obligations of Reporting Issuers) (Amendment) Rules 2016.
1. In these rules –
“principal Rules” means the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007.
2. The Schedule to the principal Rules is amended by deleting the following item –
“9. Name and address of every associate of senior officer;”
3. These rules shall come into operation on 25 April 2016.
Made by the Financial Services Commission on 18 April 2016.