Non-US companies that are public in the US have an easier set of ongoing US securities rules to adhere to than US domestic companies. But the applicable rules are still extensive and complex, and the penalties for non-compliance can be steep. Dorsey's International Capital Markets team summarizes the key ongoing US disclosure and compliance requirements for non-US companies that are public in the US, in a new US Special Report published by the UK Practical Law Company. Read the Dorsey article on ongoing US securities law requirements, and the accompanying table that summarizes how a dual-listed company can take a UK annual public disclosure package and make it compliant and ready for filing under US rules.
View the associated article, "Ongoing reporting obligations: requirements for foreign private issuers" here.
From PLC's US Special Report (used with permission from Legal & Commercial Publishing, Ltd.).