1. PERSONS RESPONSIBLE
1.1. | All persons responsible for the information given in the registration document and, as the case may be, for certain parts of it, with, in the latter case, an indication of such parts. In the case of natural persons including members of the issuer's administrative, management or supervisory bodies indicate the name and function of the person; in case of legal persons indicate the name and registered office. |
1.2. | A declaration by those responsible for the registration document that, having taken all reasonable care to ensure that such is the case, the information contained in the registration document is, to the best of their knowledge in accordance with the facts and contains no omission likely to affect its import. As the case may be, declaration by those responsible for certain parts of the registration document that, having taken all reasonable care to ensure that such is the case the information contained in the part of the registration document for which they are responsible is, to the best of their knowledge, in accordance with the facts and contains no omission likely to affect its import. |
2. RISK FACTORS
Prominent disclosure of risk factors that may affect the issuer’s ability to fulfil its obligations under the securities to investors in a section headed ‘Risk factors’.
3. INFORMATION ABOUT THE ISSUER
3.1. | The legal name of the issuer and a brief description of the issuer’s position within the national governmental framework. |
3.2. | The domicile or geographical location and legal form of the issuer and its contact address and telephone number. |
3.3. | Any recent events relevant to the evaluation of the issuer’s solvency. |
3.4. | A description of the issuer’s economy including: (a) the structure of the economy with details of the main sectors of the economy; (b) gross domestic product with a breakdown by the issuer’s economic sectors over for the previous two fiscal years. |
3.5. | A general description of the issuer’s political system and government including details of the governing body of the issuer. |
4. PUBLIC FINANCE AND TRADE
Information on the following for the two fiscal years prior to the date of the registration document:
(a) the tax and budgetary systems;
(b) gross public debt including a summary of the debt, the maturity structure of outstanding debt (particularly noting debt with a residual maturity of less than one year) and debt payment record, and of the parts of debt denominated in the domestic currency of the issuer and in foreign currencies;
(c) foreign trade and balance of payment figures;
(d) foreign exchange reserves including any potential encumbrances to such foreign exchange reserves as forward contracts or derivatives;
(e) financial position and resources including liquid deposits available in domestic currency;
(f) income and expenditure figures.
Description of any auditing or independent review procedures on the accounts of the issuer.
5. SIGNIFICANT CHANGE
5.1. | Details of any significant changes to the information provided pursuant to item 4 which have occurred since the end of the last fiscal year, or an appropriate negative statement. |
6. LEGAL AND ARBITRATION PROCEEDINGS
Information on any governmental, legal or arbitration proceedings (including any such proceedings which are pending or threatened of which the issuer is aware), during a period covering at least the previous 12 months which may have, or have had in the recent past, significant effects on the issuer financial position, or provide an appropriate negative statement.
6.2. | Information on any immunity the issuer may have from legal proceedings. |
7. STATEMENT BY EXPERTS AND DECLARATIONS OF ANY INTEREST
Where a statement or report attributed to a person as an expert is included in the registration document, provide such person’s name, business address and qualifications. If the report has been produced at the issuer’s request a statement to that effect, that such statement or report is included, in the form and context in which it is included, with the consent of that person, who has authorised the contents of that part of the registration document.
To the extent known to the issuer, provide information in respect of any interest relating to such expert which may have an effect on the independence of the expert in the preparation of the report.
8. DOCUMENTS ON DISPLAY
A statement that for the life of the registration document the following documents (or copies thereof), where applicable, may be inspected:
(a) financial and audit reports for the issuer covering the last two fiscal years and the budget for the current fiscal year;
(b) all reports, letters, and other documents, valuations and statements prepared by any expert at the issuer's request any part of which is included or referred to in the registration document.
An indication of where the documents on display may be inspected, by physical or electronic means.