III. Secondary listing
A. Listing requirements
Requirements for the issuer
1 The requirements that apply to the issuer are regarded as having been fulfilled if its equity securities are listed in its home country or in a third country on an exchange recognised by the Regulatory Board with equivalent listing provisions.
2 The requirements that apply to auditors under Art. 13 LR must be fulfilled both for listing and for maintaining listing.
Requirements for equity securities
In derogation of Art. 19 LR, the free float is considered adequate if the capitalisation of the shares circulating in Switzerland is at least CHF 10 million, or if the applicant (Art. 43 LR) can otherwise demonstrate that there is a genuine market for the equity securities.