Pierre Swart

The appointment and termination of a debt sponsor under the amended JSE debt listings requirements

By Gareth Munnick and Pierre Swart on December 10, 2014 Posted in Banking

The amended JSE debt listings requirements come into operation on 22 December 2014. They aim to bring the JSE debt listings requirements in line with the Financial Markets Act, 2012 that came into force in 2013. The authority of the JSE, including its general powers over listing debt securities such as bonds and commercial paper, … Continue reading

Tier 1 ranking for our DCM team

By Pierre Swart on June 26, 2014 Posted in Banking

The IFLR1000 2014, guide to the world’s leading financial and corporate law firms, has ranked our banking and finance team Tier 1 for the 10th year in the Debt Capital Markets (DCM) category. The guide says: “The firm’s debt capital markets practice was involved in the first bond listed by a Chinese bank on Johannesburg Stock … Continue reading

Financial Markets Act and JSE Debt Listings Requirements

By Kristen Reddy and Pierre Swart on February 27, 2014 Posted in Banking

The JSE has said that the amendments to the JSE Debt Listings Requirements (DLR) were done to align them with the provisions of the Financial Markets Act, 2012 (FMA). The amendments largely serve to replace the references to the Securities Services Act with the FMA and to provide for the listing, trading, clearing and settlement … Continue reading