Regulatory Alerts2016-11-17
Added · Updated
Securities Industry (Registration of Registrar and Transfer Agents) Rules, 2016
These rules mandate that no person may operate as a registrar and transfer agent for a public issuer in The Bahamas without registration under the Securities Industry Act. Registrants must appoint at least two directors and a Chief Executive Officer, all of whom must be ordinarily resident in The Bahamas and approved or registered with the Securities Commission. The rules exclude entities holding specific licenses under the Investment Funds Act or the Financial and Corporate Service Providers Act and apply standard fee structures to these agents.
Topics
Share