1. This Guidance is issued under section 15(2) of the Financial Services and Markets Regulations 2015 ("FSMR") . It should be read in conjunction with FSMR and the Market Rules (MKT) of the Financial Services Regulatory Authority ("FSRA").
2. Pursuant to section 50 of FSMR,¹ the FSRA is required to maintain the Official List, and may admit to the Official List such Securities as it considers appropriate. It is important to note that, pursuant to section 50 of FSMR, only the FSRA can maintain an Official List of Securities, and neither Recognised Investment Exchanges (RIES) nor any other entity within ADGM are able to maintain their own 'Official List of Securities'. Section 50 of FSMR further provides that in maintaining the Official List, the FSRA may refer to itself as the Listing Authority. For this purpose, Chapter 7 of MKT sets out the Rules applicable to 'Market Disclosure' or otherwise known as its 'continuous disclosure' framework. This Guidance sets out the Listing Authority's expectations in relation to its continuous disclosure framework, and provides guidance to Reporting Entities to assist their decision m...