The International Stock Exchange (TISE) has revamped its listing and membership rules.
The main changes to the listing rules include new provisions for the listing of debt being offered directly to retail investors. The update also incorporates amendments made to the listing rules in September 2018 to enhance TISE’s attractiveness for listing the equity of small and medium-sized enterprises.
Fiona Le Poidevin, CEO of The International Stock Exchange Group (pictured), commented: “This proportionate regulatory regime, based on the product type and investor base, sets us apart from many other exchanges and appeals to issuers and their advisers.
"As a result, we are continuing to see growth in new listings, especially debt and including high-yield bonds being issued by international companies accessing the European markets.”
The new rules have involved a restructure and reformatting of the content to make them easier for members, other advisers and issuers to use and to allow TISE to respond to developments in a rapidly changing marketplace.
• To view the new listing rules and fees click here
• To view the new membership rules click here