We have updated the rules for listing advisors. The updated version can be found under Documents on our homepage.
In addition to the rules for listing advisors, current listing advisors have to comply with our rules and regulations and maintain their ongoing responsibilities as listing advisors.
For parties that are interested in becoming listing advisors, the following sets forth the procedure, steps, and requirements to become a Listing advisor on the DCSX:
- Regarding the entity that seeks to become a Listing Advisor please refer to Chapter A3 of the attached “Rules for Listing Advisors”.
- Please note that if the entity is not an already “supervised” entity the DCSX can still grant the LAD status if the entity sufficiently proves that it is “up to the task to serve as such”. Clearly, expertise is the key factor here: the entity and its principals must be “good and appropriately experienced ”.
- Check also pages 14, 15 and 16 of the “Rules for Listing Advisors” regarding forms to be issued and signed as indicated. Besides that on the entity that will be the LAD of course we need:
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- Art. of Ass or Incorporation.
- Excerpt Comm. Register or comparable Certificate of Incumbency setting forth the particulars of the entity’s existence and its principals and/or authorized representatives.
- Certificate of Good Standing or similar attestation.
- Shareholder Register Certified by Director(s)
- Directors Register Certified by Director(s)
- Passport copies (Certified for True copy by a Notary or Lawyer) of executives/authorized representatives of the entity and of the Listing executives ( if different persons).
- CV’s of Executives of the entity and of the Listing executives ( if different persons).
- Bank reference Letters of Executives of the entity and of the Listing executives ( if different persons).
- Proof of residential address / Utility Bill of executives/authorized representatives of the entity and of the Listing executives
- If available the last 3 years of financial statements of the entity that wishes to become a LAD.
- If possible we would appreciate a certified (apostilled) English translation of Chinese documents (if applicable).
- Recent policy requires International companies to have a local representative or local director on the island. The Local representative or local Director can be a natural person or a corporate entity managed by a corporate a/o fiduciary management services company in Curaçao.
- Regarding Fees, we have a nonrefundable application fee of USD1,000 and an Annual fee of USD4,000.