Local incorporation required for investing in stock exchange, stock brokerage and investment advisory activities.
"Interpretation
4. In these regulations, unless the context otherwise requires-[...]
"public company" has the same meaning assigned to it under the Companies Act of 2011;
[...]
Part V - Licensing of Securities Exchange [...]
Application for an exchange licence
15.(1) A public company may apply for an exchange licence in respect of one or more types of securities.
[...]
Part VI - Licensing of Broker-Dealers, Stock Brokers, Dearlers, Investment Advisers and their Representatives [...]
30.(1) A stock broker, broker-dealer or dealer's licence shall only be granted to a company incorporated under the Companies Act of 2011.
(2) An investment adviser's licence may be granted to an individual taking into account - [...]" (Central Bank (Capital Markets) Regulations, 2014 (Legal Notice No. 107 of 2014))
Central Bank (Capital Markets) Regulations, 2014 (Legal Notice No. 107 of 2014)
[<a href="https://www.centralbank.org.ls/images/Legislation/Financial_Markets/Central_Bank_Capital_Markets_Regulations_2014_Part_I.pdf">Reg</a>],[<a href="https://www.centralbank.org.ls/images/Legislation/Financial_Markets/Central_Bank_Capital_Markets_Regualation_2014_Part_II.pdf">Reg</a>]