8 Regulatory Environment, Rules and Reporting at SIX

In a Nutshell

Companies listed on SIX have various obligations to provide information to their investors and the public.

These obligations serve to ensure continuous transparency about the listed company for all market participants.

A distinction is made between recurring and event-related obligations.

CONNEXOR Reporting plays a central role when it comes to recurring or regular reporting obligations. CONNEXOR Reporting is the official electronic platform for submitting information to SIX Exchange Regulation AG in order to fulfill regulatory reporting obligations. 

The rules governing ad hoc publicity are the most important in terms of the event-related obligations. Ad hoc announcements are also transmitted to SIX Exchange Regulation AG via CONNEXOR Reporting.

Each issuer needs a clear regulation governing the responsibilities, including a deputy, for the Ad hoc Publicity. The personnel and IT infrastructure must be designed in such a way that a media release can be written, signed off on, and published within the shortest time frame at any time, which includes back-up plans in case of an IT malfunction for example.

Finally, the issuers are responsible for defining proprietary rules and procedures regarding insider information. The companies are responsible for ensuring that the necessary control mechanisms have been installed and that criminal behavior is detected.