The FSA will not automatically suspend, cancel or restore the listing of securities at the request of an overseas exchange or overseas authority (for example, if listing of a listed3 issuer's securities are suspended, cancelled or restored on its home exchange).
If a listed issuer3 requests a suspension, cancellation or restoration of the listing of its securities, after a suspension, cancellation or restoration on its home exchange, the issuer should send to the FSA written confirmation:
If an overseas exchange or competent authority requests the FSA to suspend, cancel or restore the listing of securities, the FSA will, wherever practical, contact the issuer or its sponsor before it suspends, cancels or restores the listing. Therefore, issuers are encouraged to contact the FSA at the same time as they contact their home exchange.
If the FSA is unable to contact the issuer or sponsor, it will suspend, cancel or restore the listing of the securities when it is satisfied that the listing of the relevant securities has been, or will be, suspended, cancelled or restored on their home exchange.
Status: You are viewing the version of the handbook as on 2012-12-13.