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SIX Swiss Exchange - New regulatory standards for equity securities enter into effect on 1 August 2015
Amendments to the regulatory standards for equity securities of the SIX Swiss Exchange will enter into effect on 1 August 2015. For issuers currently allocated to the Main Standard or the Domestic Standard, the new regime will result in a move to either the new International Reporting Standard or the Swiss Reporting Standard, respectively, depending on the financial reporting standard they apply. Issuers using IFRS or US GAAP as their financial reporting standard will be allocated to the International Reporting Standard whereas issuers having opted for Swiss GAAP FER will be allocated to the Swiss Reporting Standard. The reallocation will be implemented automatically on 3 August 2015. In addition, the listing requirements for equity securities will be amended and harmonized.