The department of Issuers is responsible for the supervision of compliance of the companies that have issued or intend to issue securities that have been admitted, or expected to be admitted for negotiation on a regulated market with their obligations, as set out in legislation, and monitoring compliance of the said companies with the Code of Corporate Governance.

Duties of the Issuers Department mainly include:

• The examination of applications for the approval of prospectuses for public offer of transferable securities or their admission to trading on a regulated market pursuant to the Public Offer and Prospectus Law of 2007
• The monitoring of implementation of the Public Offer and Prospectus Law of 2007
• The examination of Public Takeover Bid documents for the public takeover of companies whose securities are listed on a regulated market
• The monitoring of the compliance with the Public Takeover Bids Law of 2006
• The examination of applications of Issuers for the expansion/modification of their activities
  The monitoring of the compliance of companies whose transferable securities are listed on a regulated market with their continuous obligations under the Transparency Requirements (Transferable Securities Admitted to trading on a Regulated Market) Law and, more specifically, as regards to their obligations for providing regular information
• The monitoring of the application and compliance by companies of the Corporate Governance Code
• The participation in Standing Committees, Expert Groups for issues relating to the Department’s responsibilities
• The review of proposed legislative measures relating to the Department’s responsibilities and the submission of relevant proposals.

The form provided in this system constitutes the “secure means of transmission” mandated in Article 2 of Regulation (AU) 2016/523. PDMRs as well as persons closely associated with them are required to use this form when submitting a notification under this article.
The above mentioned regulatory framework is available at the website of the AU-FINS, please click here to access it.