The Walkers team in the Channel Islands has been busy dealing with several listings of securities on The International Stock Exchange ("TISE") in the Channel Islands. These have been a variety of debt listings for private equity clients and institutional clients.
This busy period has coincided with TISE publishing their service delivery timeframes, whereby responses to initial applications will be made within 3 business days from submission and subsequent reviews will be carried out within 2 business days.
The Walkers team has noticed that these quick turnaround times have been appreciated by issuers and their onshore counsel alike. In practical terms, we have successfully listed securities in 6 business days from start to finish.
An issuer must have a Listing Agent appointed at all times while it is an applicant for listing or is listed. The Listing Agent acts as an intermediary between the issuer and the Exchange.
The Walkers listing team has extensive experience providing listing agent services in connection with listings on TISE. Walkers Capital Markets Ltd ("WCML") is a Category 1, 2 and 3 sponsor of TISE which means that we are able to act as a sponsor for all listing purposes.
The process for listing on TISE is straightforward, timely and cost-effective.