Nasdaq Stockholm changes to Rulebook for Issuers of Fixed Income Instruments.
Follows Nasdaq Nordic Sep. 2022 regulatory notice announcing minor changes to the Nasdaq Stockholm rulebook for issuers of fixed income instruments, see #128601.
Key Changes
A new section 2.2.3(iii) has been added, exempting issuers from the requirement in section 2.2.2 to have published annual accounts if they seek admission to trading of certain participation debentures issued by alternative investment funds.
Section 2.2.4 has been aligned with the equivalent requirement in Rulebook on Shares.
Section 2.4.2 and 2.6.2 have been removed as these requirement are discontinued.
Section 2.4.3, 2.4.4, 2.5.2, 2.5.3, 2.6.3, 2.6.4, 2.7.2 and 2.9 have been removed as equivalent requirements set out in relevant laws, e.g. Reg 2017/1129, Reg 1286/2014.
Section 2.6.1 has been removed as tailor-made products fall within section 2.4.
A new section 2.8 has been added with additional admission requirements for participation debentures; changes published in Final and Blackline format.
Effectiveness
The changes will enter into force on Jul. 1, 2023.
May 2024 Changes to Nasdaq Stockholm Rulebook
On May 31, 2024, Nasdaq Nordic set out changes to Nasdaq Stockholm rulebook for issuers of fixed income instruments; changes will enter into force on Jul. 1, 2024.
Removed Section 2.4, which requires that structured products may only be admitted to trading if have total nominal amount minimum SEK1mn/equivalent in foreign currency.
Nov. 2024 Amended Rulebook
On Nov. 29, 2024, Nasdaq Nordic amended the Nasdaq Stockholm Rulebook for Issuers of Fixed Income Instruments; changes will enter into force on Jan. 1, 2025.
Added new section 3.2.2 for issuers to keep applicable final terms of the Instruments readily available online; in case of changes, the published version shall be updated.
A guidance was added to section 3.3.2 (b) to clarify that issuers that are not legally obliged to publish half-year reports may disclose interim reports every 4 months.
