CISX restructure: all change for Channel Islands securities listings?

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By Nina Smith

Last month, the Guernsey court approved a scheme of arrangement that saw the creation of a brand-new Channel Islands stock exchange.

Set out in this briefing are what currently appear to be the main implications of the new exchange. However, in this early stage in the life of the new exchange, ad-hoc policy decisions are being made on a fairly frequent basis and advice should always be sought from from a relevant Channel Islands-qualified professional before proceeding with a new listing or any amendments to an existing listing.

The new exchange is called the Channel Islands Securities Exchange, which will be known as ‘CISE’ (replacing the old ‘CISX’)…

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