Regulatory Alerts2013-01-01
Securities (Disclosure Obligations of Reporting Issuers) (Amendment) Rules 2013
The Financial Services Commission of Mauritius enacted these rules to amend the quarterly disclosure requirements for reporting issuers under the 2007 principal Rules. The revised Rule 8 requires issuers to publish an announcement containing key quarterly report data in at least one widely circulated local newspaper on the day after board approval. Furthermore, issuers must place a corresponding notice in two other local newspapers indicating that the accounts are available on their website or at their registered office.
The text below is an internet version of the Rules made by the Financial Services Commission under section 93 of the Financial Services Act 2007 and section 155 of the Securities Act 2005 and is for information purpose only. Whilst reasonable care has been taken to ensure its accuracy, the authoritative version is the one published in the Government Gazette of Mauritius. (GN NO. 56 OF 2013) SECURITIES (DISCLOSURE OBLIGATIONS OF REPORTING ISSUERS) (AMENDMENT) RULES 2013 FSC Rules made by the Financial Services Commission under section 93 of the Financial Services Act 2007 and section 155 of the Securities Act 2005
- Citation These Rules may be cited as the Securities (Disclosure Obligations of Reporting Issuers) (Amendment) Rules 2013.
- Interpretation In these Rules — “principal Rules” means the Securities (Disclosure Obligations of Reporting Issuers ) Rules
- Rule 8 of the principal Rules amended Rule 8 of the principal Rules is amended in paragraph (1) by repealing subparagraph (a) and replacing it by the following: (a) publish, on the day after approval by or on behalf of the board, (i) in at least one local newspaper having a wide circulation, an announcement containing the information required by paragraph (2) to be contained in the quarterly report; and (ii) in two local newspapers, not being the same newspaper as in paragraph (1) (a) (i), a notice to indicate that the company’s Quarterly Accounts have been published
and can be viewed on its website or, where a company does not have a website, that the Quarterly Accounts can be viewed at the registered office of the company, whose address shall be given in the notice, or at any other place of business as may be designated by the company in the notice. 4. Commencement These Rules shall come into operation on 31 March 2013. Made by the Financial Services Commission on 14 March 2013.