Please take note of the following updates in the industry.

From the FSCA...
The FSCA has issued a consultation paper for comments on the Proposed Amendments to the A2X Listing Requirements

  • These amendments consist of  additions and deletion of definition of REIT, insertion of REITS on section 2 of Listing on A2X and another insertion of continuous obligations of qualifying listed securities.
  • All objections to this notice may be submitted within 14 days from the publication of notice, 12 November 2020 to FSCA.

Click here for the government gazette notice. 

From the JSE...
The JSE has released a media statement welcoming the National Treasury’s announcement of reforms in the capital flow management framework in the Medium-Term Budget Policy Statement (MTBPS). 

The JSE has, in partnership with Intellidex, put forward a position paper to policy makers and are pleased to see that the exchange control reform proposals have been progressively received.