ASIC has recently given an indication of its targets for regulatory surveillance and action. In releasing its half year report on the regulation of corporate finance: January to June 2016 (Report 489), ASIC commented on current trends in fundraising and mergers & acquisitions. Some practical insights from the report are summarised below.
McCullough Robertson's companion piece to The Chairman's Red Book. It is written for chairmen and directors of listed and unlisted public companies, providing an overview of relevant laws and regulations applicable to their roles.
Showing posts with label capital raising. Show all posts
Showing posts with label capital raising. Show all posts
Monday, 5 September 2016
Tuesday, 2 August 2016
ASX continues to refine proposed changes to admission requirements
In an earlier post, ASX to take a harder line on early stage IPOs, we highlighted some of the key changes proposed by ASX to the admission requirements for a listing on the exchange.
The ASX consultation process for the proposed amendments closed on 24 June 2016, with the changes initially anticipated to take effect from 1 September 2016. The transition date has, however, been delayed to 19 December 2016 following extensive industry feedback to ASX.
The level of feedback perhaps reflects a concern that the changes, if adopted, are likely to have a significant impact on small cap IPO candidates and back-door listings.
The ASX consultation process for the proposed amendments closed on 24 June 2016, with the changes initially anticipated to take effect from 1 September 2016. The transition date has, however, been delayed to 19 December 2016 following extensive industry feedback to ASX.
The level of feedback perhaps reflects a concern that the changes, if adopted, are likely to have a significant impact on small cap IPO candidates and back-door listings.
Subscribe to:
Posts (Atom)