On December 28, 2023, the amendments to the Securities Market Law and the Investment Funds Law were published in the Official Gazette of the Federation, which will make it easier for small and medium-sized companies (SMEs) to participate in the stock market and access financing.
The objective of the legal amendments is to increase the liquidity of businesses and boost business growth, thus creating a new simplified issuance regime with fewer requirements.
What are the benefits of the reform for SMEs?
- Simplified registration of securities
- Simplified broadcasters
- Hedge fund
- Avoiding over-indebtedness
- Sustainability and gender equity
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