Errichtung einer Börse Erlaubnis
Hamburg
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99021001005000
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Typ 2
Inhalt
<div lang="en-x-mtfrom-de">Apply for permission to set up a stock exchange</div>
Begriffe im Kontext
<div lang="en-x-mtfrom-de">Application</div> (Synonym), <div lang="en-x-mtfrom-de">operation</div> (Synonym), <div lang="en-x-mtfrom-de">permission</div> (Synonym), <div lang="en-x-mtfrom-de">stock exchange</div> (Synonym), <div lang="en-x-mtfrom-de">erection</div> (Synonym)
Fachlich freigegeben am
24.10.2022
Fachlich freigegeben durch
nicht vorhanden
§§ 4 to 6 of the Stock Exchange Act (BörsG)
( www.gesetze-im-internet.de/b_rsg_2007/index.html )
( www.gesetze-im-internet.de/b_rsg_2007/index.html )
The stock exchange supervisory authority can permit you to set up a stock exchange upon application.
The stock exchange supervisory authority can permit you to set up a stock exchange upon application. To do this, you must meet and prove various requirements. Permission to set up an exchange is limited to the state in which you plan to operate the exchange. The regulations of the Stock Exchange Act (BörsG) must be observed.
- Evidence of the funds required for stock exchange operations pursuant to Section 5 (5) of the Stock Exchange Act;
- The names of the managing directors of the sponsor of the stock exchange as well as information required to assess the reliability and professional suitability of these persons;
- A business plan showing the nature of the planned transactions and the organizational structure and the planned internal control procedures of the operator of the exchange, as well as the rules and regulations of the exchange;
- Information on the ownership structure of the operator of the stock exchange, in particular on the owners of significant holdings within the meaning of Section 6 (6) of the Stock Exchange Act and the size of their holdings;
- Information required to assess the reliability of holders of significant holdings. If the owner of a significant holding is a legal person or commercial partnership, the facts that are essential for assessing the reliability of his/her legal or statutory representative or general partner are to be stated.
You submit the application for a license to the stock exchange supervisory authority in writing. Please refer to the Stock Exchange Act (BörsG) for the requirements.
The stock exchange supervisory board may request further information from you in order to examine your application.
The stock exchange supervisory board may request further information from you in order to examine your application.
- You submit the required documents to the stock exchange supervisory authority.
- The competent stock exchange supervisory authority is the authority in the country in whose territory the stock exchange is to be located.
- The stock exchange supervisory authority checks whether the requirements for admission to the stock exchange are met. Additional information can be requested if necessary.
- The approval or rejection of the stock exchange supervisory authority takes place in writing by post.
- A permit expires if the exchange does not start operations within one year.
- The stock exchange supervisory authority can subsequently impose conditions or revoke a license (section 4 (5) of the Stock Exchange Act).
The processing time of the stock exchange supervisory authority depends on the type and scope of the application made.
Once the permit has been granted, you have one year to set up the exchange, otherwise the permit expires.
The obligations of the stock exchange operator result from Section 5 of the Stock Exchange Act.