Auroran Stock Exchange: Difference between revisions

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[[Category:UNAC]]

The '''Auroran Stock Exchange''' ([[W:German|Ethalrian]]: ''Auroranische Börse'', [[W:Maori|Oan]]: ''Ko te Utu Hokohoko o te Orora'', [[W:Georgian language|Salovian]]: ავრორას საფონდო ბირჟა) is a securities exchange located in [[Sani Bursil]], [[Great Morstaybishlia]]. It is by far the largest securities exchange on [[Aurora]] and arguably the largest on [[Urth]] by the number by total market capitalisation. The underlying legal tender used to mediate transactions is the [[Kirib]]. Abbreviated as the '''ASE''', it is owned by the Auroran Stock Exchange Company which is a publicly traded registered company in Great Morstaybishlia.

== Regulatory influence ==

Technically the ASE is not a regulatory agency however it is so influential as to be a de facto regulatory agency. This is because it only allows companies to be listed in its exchange if they meet the criteria it sets out. This includes having timeous regular financial statements that meet Auroran Accounting Standards, filing a prospectus containing information about the company and meeting certain ethical and legal requirements for how the company is managed.

The scope of the rules that the ASE creates for the companies which wish to be registered on it is so vast and covers so many industries that it is a de facto source of policy for many Auroran nations and [[United Nations of the Auroran Continent]] more broadly such that some part of [[Auroran law]] focusing on market regulation draw inspiration from its guidelines and manuals. The rules are drawn up by various departments and Committees often consulting with highly praised academics, politicians, businesses and accounting firms such as [[Ita Marama]].

== Classification System ==

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 [[Category:UNAC]]
 The '''Auroran Stock Exchange''' ([[W:German|Ethalrian]]: ''Auroranische Börse'', [[W:Maori|Oan]]: ''Ko te Utu Hokohoko o te Orora'', [[W:Georgian language|Salovian]]: ავრორას საფონდო ბირჟა) is a securities exchange located in [[Sani Bursil]], [[Great Morstaybishlia]]. It is by far the largest securities exchange on [[Aurora]] and arguably the largest on [[Urth]] by the number by total market capitalisation. The underlying legal tender used to mediate transactions is the [[Kirib]]. Abbreviated as the '''ASE''', it is owned by the Auroran Stock Exchange Company which is a publicly traded registered company in Great Morstaybishlia.
+== Regulatory influence ==
+Technically the ASE is not a regulatory agency however it is so influential as to be a de facto regulatory agency. This is because it only allows companies to be listed in its exchange if they meet the criteria it sets out. This includes having timeous regular financial statements that meet Auroran Accounting Standards, filing a prospectus containing information about the company and meeting certain ethical and legal requirements for how the company is managed.
+The scope of the rules that the ASE creates for the companies which wish to be registered on it is so vast and covers so many industries that it is a de facto source of policy for many Auroran nations and [[United Nations of the Auroran Continent]] more broadly such that some part of [[Auroran law]] focusing on market regulation draw inspiration from its guidelines and manuals. The rules are drawn up by various departments and Committees often consulting with highly praised academics, politicians, businesses and accounting firms such as [[Ita Marama]].
 == Classification System ==

Auroran Stock Exchange: Difference between revisions

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