+Article 54
---+Article 54 1.
---+Article 54 2.

Article 54

1. Overview

,
Summary Regulation
Article 54 1.
The debt securities must be freely negotiable.
Article 54 2.
The competent authorities may treat debt securities which are not fully paid up as freely negotiable if arrangements have been made to ensure that the negotiability of these debt securities is not restricted and that dealing is made open and proper by providing the public with all appropriate information.

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement