In a statement released last Friday, Guernsey Finance confirmed the CISX was again able to consider new listing applications.
As reported, on Monday 14 October the CISX announced it was unable to accept applications for new listings as it was under an investigation, which has been ongoing for more than 20 months, by the Guernsey Financial Services Commission for certain of its historic activities.
According to reports last week, listings belonging to former UK asset manager Arch Cru are the source of the ongoing investigation.
In a statement welcoming the resumption of normal activity on the exchange, Guernsey Finance chief executive Fiona Le Poidevin said: “This update is good news for all those using the Channel Islands Stock Exchange as it means it is back to business as usual.
“Decisions have been taken quickly and effectively, thereby providing clients with the certainty and continuity they require as the CISX moves forward with plans to establish a newly structured exchange in due course.”
