海峡证券交易所

海峡证券交易所海峡群岛证券交易所（ChannelIslandsStockExchange，简称CISX）位于耿西，于1998年10月开始运营，自此已经批准了3500多个上市证券。CISX提供个性化服务，迅速处理上市申请，市场管理完善、具有创新意识。它的主要核心产品有：有价证券包括欧洲债券，结构债务,权证和特殊目的公司；投资基金；Investmentfunds;在一级和二级市场上市的海峡公司发行的股票和海峡存托凭证(CIDRS)。海峡证券交易所在海峡证券交易所上市的一些优势有:价格具有竞争优势，耿西金融岛不收取增值税或印花税市场管理局响应迅速，平易近人，每日接见来访，考虑上市申请符合发行管理国际标准在耿西金融岛外的管辖区所设立的基金可以申请上市，无需当地管理机构耿西金融岛金融服务委员会的同意除需要分散风险外，上市规定不含任何投资限制海峡证券交易所的会计标准非常灵活（例如允许美国GAAP）。在这方面，值得注意的是欧盟招股说明书指令不适用于耿西金融岛对于当地和非耿西金融岛基金，上市规定没有区别，例如在互相抵消损失的会计程序方面海外认可海峡证券交易所拥有以下海外认可根据1988年英国收入及公司税务法，被HM税务海关总署指定为“认可证券交易所”根据2000年英国金融服务与市场法，已被FSA指定为“指定投资交易所”。这促进了英国授权企业的交易，因为根据某些FSA规定，在指定投资交易所生效的交易处理方式可以与认可投资交易所进行的交易相同根据1933年证券法的规定，已被美国证券交易委员会指定为“指定离岸证券市场”2000年7月已被澳洲证券交易所正式认可2003年10月，海峡证券交易所被批准为国际证券事务监察委员会组织（InternationalOrganisationofSecuritiesCommissions，简称IOSCO）的加盟会员2005年8月，成为国际资本市场服务协会（InternationalCapitalMarketServicesAssociation，简称ICMSA）的准会员。在世界交易所联合会注册为“相应市场”，并且是欧洲证券化论坛会员欲进一步了解海峡证券交易所，详见提供，该所可协助企业在海峡证券交易所上市TheChannelIslandsStockExchange(CISX)TheChannelIslandsStockExchange(CISX),whichisbasedinGuernsey,commencedoperationsinOctober1998andsincethenithasapprovedmorethan3,500securitiesforlisting.TheCISXoffersahighlypersonalisedapproachandfasttrackprocessingoflistingapplicationswithinawellregulatedandinnovativemarketplace.Ithasacoreproductbasethatcomprises:SpecialistSecurities,includingEurobonds,StructuredDebt,WarrantsandSPVs;Investmentfunds;PrimaryandsecondarylistingsofsecuritiesandsharesissuedbyChannelIslands'companies;Primaryandsecondarylistingsofsecuritiesandsharesissuedbyoverseascompanies;andChannelIslandsDepositoryReceipts(CIDRS).BenefitsofaCISXListingSomeofthebenefitsofaCISXlistingare:Competitivepricing,withnoVATorstampdutychargedinGuernsey.AresponsiveandapproachableMarketAuthoritythatmeetsdailytoconsiderapplicationsforlistingsInternationalstandardsofissuerregulation.FundsestablishedinjurisdictionsoutsideGuernseymayapplyforlisting,andthisdoesnotrequiretheconsentofthelocalregulator,theGuernseyFinancialServicesCommission.Thelistingrulesdonotcontainanyinvestmentrestrictions,otherthanrequiringaspreadofrisk.TheCISXisflexiblewithaccountingstandards(e.g.USGAAPispermitted).Inthisregard,itisworthnotingthattheEUProspectusDirectivedoesnotapplyinGuernsey.ThelistingrulesdonotdifferentiatebetweenlocalandnonGuernseyfunds,e.g.inrelationtoaccountingproceduresfornettingofflosses.OverseasRecognitionTheCISXhasthefollowingoverseasrecognitions:Ithasbeendesignatedasa“recognisedstockexchange”byHMRevenue&CustomsundertheUKIncomeandCorporationTaxesAct1988.IthasbeendesignatedbytheFSAasa“designatedinvestmentexchange”undertheUKFinancialServicesandMarketsAct2000.ThisfacilitatestradingbyUKauthorisedfirmsasundercertainFSArulestheymaytreattransactionseffectedonadesignatedinvestmentexchangeinthesamewayastransactionsonarecognisedinvestmentexchange.IthasbeendesignatedbytheUSSecuritiesandExchangeCommissionasa“designatedoffshoresecuritiesmarket”forthepurposesofRegulationSoftheSecuritiesActof1933.InJuly2000itwasofficiallyrecognisedbytheAustralianStockExchange.InOctober2003,theCISXwasapprovedasanAffiliateMemberoftheInternationalOrganisationofSecuritiesCommissions(IOSCO).InAugust2005,itbecameanAssociateMemberoftheInternationalCapitalMarketServicesAssociation(ICMSA).ItisregisteredwiththeWorldFederationofExchangesasa“correspondingmarket”andisamemberoftheEuropeanSecuritisationForum.Forfurtherinformationvisit–anin-houselistingsponsorthatsponsorslistingsontheCISX.