Regulatory Alerts2020-01-01
Guidelines for Jamaica Depositary Receipts
The Financial Services Commission of Jamaica issued these guidelines to regulate the issuance, registration, and operation of Jamaica Depositary Receipts (JDRs) within the jurisdiction. The document establishes strict eligibility criteria for JDR issuers, foreign securities, and custodians while defining their respective operational duties and disclosure obligations. It further details the specific registration requirements and procedural distinctions between unsponsored and sponsored JDR programmes to ensure market integrity and investor protection.
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