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Proposed amendments to the terms and conditions of the Equity Express Securities Exchange licence

Publish date: 30 August 2019
Issue Number: 87
Diary: CompliNEWS
Category: General

In terms of s 9(4)(a) of the Financial Markets Act 19 of 2012 (FMA Act), the Financial Sector Conduct Authority (FSCA) has given notice of an application to amend the terms and conditions subject to which the Equity Express Securities Exchange (Proprietary) Limited (EESE) licence was granted.

The nature of the application is to amend condition 2.1 that currently stipulates that 'EESE is permitted to list and trade in equity shares, under its current business model and operational structure approved by the Registrar' to reflect as follows: 'EESE is permitted to list and trade equity shares, bonds and notes under its current business model and operational structure approved by the Authority.'

In terms of s 9(4)(b)(iii) of the FMA, all interested persons who have any objections to the application to amend the above condition are hereby called upon to lodge their objections with the Authority, within a period of fourteen (14) business days from the date of publication of this notice.

Board Notice 155 of 2019 - EESE proposed amendments Listing Requirements Proposed Amendments of the EESE Listings Requirements EESE s 9(4) notice of amendment to license conditions

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