Securities
Securities Compliance and Market Trends.
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Read more: The JOBS Act: Implications for Non-US Issuers
The JOBS Act: Implications for Non-US Issuers
This article outlines key features of the recently-signed Jumpstart Our Business Startups Act (JOBS Act), which is intended to streamline access to the US capital markets for a range of issuers. Among other developments, the JOBS Act reduces disclosure burdens, eases requirements for initial public offerings for certain companies, relaxes restrictions on communications around securities…
Reference: CapLaw-2012-38 -
Read more: Swiss Financial Market Supervisory Authority (FINMA) Position Paper on Distribution Rules
Swiss Financial Market Supervisory Authority (FINMA) Position Paper on Distribution Rules
In the aftermath of the turmoil on the global financial markets which has become prominently known and felt since the year 2008, FINMA, first in its discussion paper on regulating the production and distribution of financial products to retail clients (Distribution Report) and now in its position paper on the regulation of the production and…
Reference: CapLaw-2012-30 -
Read more: The EU Prospectus Reform 2012 and Consequences for Structured Products Prospectuses
The EU Prospectus Reform 2012 and Consequences for Structured Products Prospectuses
Seven years after the entry into force of the harmonized EU prospectus regime with the EU Prospectus Directive 2003/71/EC (PD) and the EU Prospectus Regulation EC/809/2004 (PR), a major revision of the EU prospectus regime will enter into force on 1 July 2012 when EU member states will be required to implement EU Directive 2010/73/EU…
Reference: CapLaw-2012-29 -
Read more: Amendments to the EU Prospectus Directive — A Status Update
Amendments to the EU Prospectus Directive — A Status Update
In late 2010, we reported on certain key changes to the EU Prospectus Directive (2003/71/EC) as a result of EU Directive 2010/73/EU (Amending Directive) of which Swiss issuers and capital markets practitioners should be aware. See CapLaw-2010-51. Once implemented (i.e. transposed into national law) by the various member states of the European Economic Area (EEA),…
Reference: CapLaw-2012-12 -
Read more: New Guide on Going Public on SIX Swiss Exchange
New Guide on Going Public on SIX Swiss Exchange
In late 2011, SIX Swiss Exchange published a comprehensive guide on Going Public on SIX Swiss Exchange. The guide is the product of a collaboration among some of the leading banks, law firms, audit companies and PR consultants in Switzerland, and provides valuable and interesting in-depth information for companies that are considering going public on…
Reference: CapLaw-2012-1