navigator: securities

navigator: securities covers the key issues which are relevant to entities looking to offer and sell foreign securities Products (which have not been registered for public distribution in the jurisdiction) to local investors on a cross border basis.

The service covers the following Product types:

  • equity securities
  • debt securities
  • linked products
  • closed-ended and private equity funds* for non-EEA jurisdictions.

*For all EEA jurisdictions which have implemented the Alternative Investment Fund Managers Directive, closedended and private equity funds now fall within the scope of the navigator: funds service.

Available online on a subscription basis, the service currently covers over 115 jurisdictions and is based on information provided by local counsel that is reviewed and updated regularly, and has been critically analysed by our team of dedicated navigator lawyers.

navigator: securities helps you to know...

  • can cross-border marketing/sales/advisory activities in respect of Products be carried out on a cross border basis without triggering a licensing requirement for the service provider

  • will any Product specific marketing restrictions (including Product registration requirements) apply and, if so, will any private placement exemption(s) may assist (including to whom and how you can market)

  • if and how it is possible to respond to a reverse enquiry from a potential investor without triggering licensing requirements or Product restrictions

  • there is specific selling restriction language that must/ought to be used in any marketing materials

  • what are the risks to consider in respect of on-sale liability and how to mitigate them

Interested?

If you would like to know more about subscribing to navigator, please contact Sophie Hughes.