POL GVT opened consultation on draft regulation re additional information provided to National Depository for Securities before an agreement on registration of securities.
Main Points
Art 7c(3) authorization of the Act of Jul. 29, 2005, on Trading in Financial Instruments.
Details on the scope of additional information on the issue of securities, the type of security, the liabilities arising therefrom and the manner in which they are offered.
That the issuer or the issue agent are obliged to provide to the National Depository for Securities (KDPW), before concluding agreements to register securities in depository.
Listed information required for securities, bonds on their nature, liability, entitlement.
Disclosure obligations for issued securities, subject of a public offering of securities.
After adoption, the regulation is expected enter into force on May 29, 2024.
Effectiveness
Comments can be submitted via email until Nov. 24, 2023.
Mar. 2024 Regulation Published
On Mar. 29, 2024, POL GVT published Regulation of Minister of Finance of Mar. 22.
Re additional information provided to the National Depository for Securities before concluding agreement on registration of securities; enters into force on May 30, 2024.
