31 August 2020 - 05:05Futuregrowth Asset Management, best known for cutting lending to corruption-hit state-owned entities, will approach the Treasury to rewrite underlying financial markets regulations to give investors greater protection as the new JSE rules governing SA’s R3-trillion bond market fall short.
The JSE published the fifth and final version of the new regulations, which come into effect on Monday, in July, broadly tightening disclosure rules for companies with publicly traded debt instruments, including mandatory compliance with corporate governance guidelines under the King IV Code, the latest non-legislative guidelines for governance.
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