CP 220 Fundraising: Facilitating offers of CHESS Depositary Interests
Released 28 May 2014. Comments closed 25 July 2014.
This consultation paper is for foreign companies listed on Australian exchange markets, their advisers, and other persons involved in offers of CHESS depositary interests (CDIs) over shares in a foreign company.
It seeks feedback on our proposals to facilitate offers of CDIs over shares in a foreign company by issuing class order relief and guidance in relation to the disclosure provisions in Ch 6D, and the licensing provisions in Pt 7.6, of the Corporations Act 2001 (Corporations Act).
Our proposed class order relief and guidance is set out in a draft class order and draft regulatory guide attached to this paper.
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