Monday January 19 2015
News Source: Global Exchanges
Focus: Listing Rules
Type: General
Country: Italy
Consob has amended the regulation pertaining to markets on Borsa Italiana pursuant to Article 63(2) of the Italian Legislative Decree No. 55/98.
The amendments have been made to the following:
- Revision of the requirement of “sufficient distribution for SMEs”
- Revision of the requirement of remaining in the Star segment
- Update on independent auditing
- Change in the percentage float necessary for admission to the Stock Exchange of REICs (Real Estate Investment Companies)
- Introduction of the non-executing broker among the categories of participants in the Idem market, Idex segment
- Methods for executing “cross” trading proposals in the Idem market
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