Please take note of the following updates in the
industry.
From the FSCA...
The FSCA has issued a consultation paper for comments on the Proposed Amendments to the A2X Listing Requirements
These amendments consist of additions
and deletion of definition of REIT, insertion of REITS on
section 2 of Listing on A2X and another insertion of
continuous obligations of qualifying listed securities.
All objections to this notice may be
submitted within 14 days from the publication of notice, 12 November 2020 to
FSCA.
From the JSE...
The JSE has released a media statement welcoming
the National Treasury’s announcement of reforms in the capital
flow management framework in the Medium-Term Budget Policy
Statement (MTBPS).
The JSE has, in partnership with Intellidex, put forward a position paper to policy makers
and are pleased to see that the exchange control reform proposals
have been progressively received.
