Regular reporting obligations: Reporting obligations regarding the maintenance of listing
The purpose of the regular reporting obligations is to ensure that SIX Swiss Exchange, SIX Exchange Regulation and market participants are provided with access to specific technical and administrative information on listed securities and their issuer as well as on securities admitted to trading in a timely and appropriate manner. This shall in particular ensure orderly and smooth securities trading.
Compliance with stock exchange law reporting obligations, the so called regular reporting obligations, is a basic prerequisite for maintaining a listing on SIX Swiss Exchange (see Art. 49 - 56 of the Listing Rules and the Directive on Regular Reporting Obligations for Issuers of Equity Securities (Shares), Bonds, Conversion Rights, Derivatives and Collective Investment Schemes [DRRO]) or for maintaining admission to trading (see the Rules for the Admission of Equity Securities to Trading in the SIX Swiss Exchange - Sponsored Segment [RSS] and the Rules for the Admission of Investment Funds to Trading in the SIX Swiss Exchange-Sponsored Investment Funds Segment [RSIF]).
Categorisation of regular reporting obligations under the DRRO
The regular reporting obligations listed in Art. 9 - 14 DRRO are described in more detail in Annexes 1 - 6 of the DRRO. The regular reporting obligations vary depending on whether the listed securities are:
- equity securities with their primary or main listing on the Exchange (Annex 1),
- debt securities such as bonds and/or conversion rights (Annexes 2 and 3),
- collective investment schemes based on contract or company law (Annexes 4 and 5) or
- secondary-listed securities (Annex 6).
Form of transmission under the DRRO
Depending on the type of listed security, the submission of the information to be reported to SIX Exchange Regulation has to be as follows:
SIX Exchange Regulation is responsible for enforcing the regular reporting obligations. Non-compliance with regular reporting obligations may lead to the imposition of a penalty (Art. 59 et seq. of the Listing Rules).
Additional Rules Exchange Traded Products
Additional Rules for the Listing of Exchange Traded Products
Rules Sponsored Investment Funds Segment
Rules for the Admission of Investment Funds to Trading in the SIX Swiss Exchange-Sponsored Investment Funds Segment
Directive Foreign Companies
Directive on the Listing of Foreign Companies
Directive Regular Reporting Obligations
Directive on Regular Reporting Obligations for Issuers of Equity Securities, Bonds, Conversion Rights, Derivatives and Collective Investment Schemes
Connexor Reporting-Manual (Release No. 3.0) for Reporting Obligations pursuant to Art. 9 of the Directive Regular Reporting Obligations as well as Annex 1
SIX Exchange Regulation guideline on the Directive Regular Reporting Obligations (DRRO) of 9 November 2015 (Guideline on DRRO)
Explanations on the articles and annexes 1 as well as 4 to 6
Information about the handling of Connexor Reporting
Information on Connexor Reporting for issuers with primary-listed equities on the SIX Swiss Exchange AG
Befreiung von Aufrechterhaltungspflichten (Publizitätspflichten) – Praxis der SIX Exchange Regulation, German
Using the one-time password token SafeWord® Platinum for CONNEXOR Reporting
Instructions to Change of PIN upon first use of the token, Generation of one-time password and One-time password token blocked upon multiple entry of an incorrect PIN