Euronext Dublin – Global Exchange Market –Continuing Obligation Requirements

Author:Ms Tara O'Callaghan, Helen Daly and Fionnán Gannon
Profession:Dillon Eustace
 
FREE EXCERPT

Introduction

The memorandum summarises the ongoing obligations for funds listed on the Global Securities Market (the "GEM") of Euronext Dublin ("Euronext" and previously The Irish Stock Exchange).

Full details of Euronext's ongoing suitability and reporting requirements are set out in Chapters 1, 4 and 7 of the "Global Exchange Market - Rules for Investment Funds" (the "Listing Rules"). This memorandum sets out a general summary only of the continuing obligations for your reference. Directors and service providers to listed funds should familiarize themselves with the full requirements of the Listing Rules.

Funds listed on Euronext are also subject to the requirements of Market Abuse Regulation (EU 596/2014) ("MAR") and Directive (2014/57/EU) on criminal sanctions for market abuse ("CSMAD"), which obligations are also summarized in our separate brochure on Market Abuse.

These obligations are imposed in order to maintain an orderly and transparent market in the

shares or units of listed funds, to ensure the ongoing suitability of the funds for listing, to protect shareholders' interests and to ensure that...

To continue reading

REQUEST YOUR TRIAL