The International Stock Exchange (TISE) is a stock exchange headquartered in

St. Peter Port St. Peter Port (french: Saint-Pierre Port) is a town and one of the ten parishes on the island of Guernsey in the Channel Islands. It is the capital of the Bailiwick of Guernsey as well as the main port. The population in 2019 was 18,958. St. P ...

, Guernsey. The TISE provides a listing facility for international companies to raise capital from investors worldwide. It offers a regulated marketplace, with globally recognisable clients and a growing product range, from a location within the European time zone but outside the EU.

Licensing

TISE is the trading name of The International Stock Exchange Group Limited. It wholly owns ''The Channel Islands Securities Exchange Authority Limited'' which trades as The International Stock Exchange Authority (TISEA) which is licensed to operate an investment exchange under ''The Protection of Investors (Bailiwick of Guernsey) Law, 1987, as amended'', by the

Guernsey Financial Services Commission The Guernsey Financial Services Commission is the regulatory body for the finance sector in the Bailiwick of Guernsey. It supervises and regulates over 2,000 licensees from within the banking, fiduciary, investment and insurance sectors in accorda ...

Jurisdictional offices

* Guernsey - Head office *

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Jersey Jersey ( , ; nrf, Jèrri, label= Jèrriais ), officially the Bailiwick of Jersey (french: Bailliage de Jersey, links=no; Jèrriais: ), is an island country and self-governing Crown Dependency near the coast of north-west France. It is the l ...

PO Box 623 Helvetia Court, Block B, Third Floor, Les Echelons, St Peter Port, GY1 1AR Guernsey

Listings

The exchange lists a wide range of securities: * Primary and secondary listings of securities issued by Guernsey, Jersey and overseas trading companies * Investment vehicles, including open and closed ended funds and Real Estate Investment Trusts (REITs) * Specialist debt securities for sophisticated investors, including the use of Special Purpose Vehicles (SPVs) and the Quoted Eurobond Exemption for convertible bonds, intra-group financing, structured products and warrants * There are specific rules for equities and corporate debt securities issued by extractive industries * Special Purpose Acquisition Companies (SPACs) were introduced in November 2015

International recognition

Recognition of the TISE: *

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deem the Exchange a Recognised Stock Exchange under Section 1005 of the Income Tax Act 2007. * The Exchange is approved as an Affiliate Member of the

International Organization of Securities Commissions The International Organization of Securities Commissions (IOSCO) is an association of organizations that regulate the world's securities and futures markets. Members are typically primary securities and/or futures regulators in a national jurisdic ...

IOSCO. * The Exchange is officially recognised by the Australian Securities Exchange ASX. * The Exchange is an Affiliate Member of the

World Federation of Exchanges The World Federation of Exchanges (WFE), formerly the ''Federation Internationale des Bourses de Valeurs'' (FIBV), or International Federation of Stock Exchanges, is the trade association of publicly regulated stock, futures, and options exchang ...

WFE. * The

U.S. Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market ...

recognise the TISE as a Designated Offshore Securities Market. * The German

Federal Financial Supervisory Authority The Federal Financial Supervisory Authority (german: Bundesanstalt für Finanzdienstleistungsaufsicht, Bundesanstalt für Finanzdienstleistungsaufsicht) better known by its abbreviation BaFin is the financial regulatory authority for Germany. It ...

recognise TISE as an Approved Stock Exchange.

History

It was launched on 20 December 2013 as the ''Channel Islands Securities Exchange'' (CISE) when the Royal Court of Guernsey approved an arrangement for it to acquire the business of the

Channel Islands Stock Exchange The Channel Islands Stock Exchange (CISX) was a stock exchange operating in St. Peter Port, Guernsey, the business of which was acquired by the Channel Islands Securities Exchange on 20 December 2013. It was founded in March 1998, as a company ...

. An office was opened in

in February 2015. In June 2016 the CISE listed its own shares on its own exchange. The Channel Islands Securities Exchange Authority Limited 2,461,000 ordinary shares have a limited market at present. December 2016 saw a world-first with a listing on CISE of a global bitcoin fund. February 2017 saw an announcement that the exchange would rebrand as "The International Stock Exchange". The rules of the exchange having been recently changed to allow listing sponsors to be based in places other than in the

Channel Islands The Channel Islands ( nrf, Îles d'la Manche; french: îles Anglo-Normandes or ''îles de la Manche'') are an archipelago in the English Channel, off the French coast of Normandy. They include two Crown Dependencies: the Bailiwick of Jersey, ...

. In March 2017 the rebranding was completed and an office was opened in the

References

External links

Official website
Financial services companies established in 2013 2013 establishments in Guernsey Stock exchanges in Europe Channel Islands Economy of Guernsey Economy of Jersey Economy of the Channel Islands Economy of the Isle of Man Organisations based in Guernsey {{stockexchange-stub