Suspension of Eligibility of Registry Receipts from the Southern Cardamom REDD+ Project (VCS Project ID 1748)
ACX Participants should note that in light of Verra initiating a review of the Southern Cardamom REDD+ Project (VCS Project ID 1748) (the “Project”) following stakeholder comments and suspending further issuances from the Project while the review is ongoing, with immediate effect and until further notice, Registry Receipts related to the Project will cease to meet any ACX Contract Specifications, other than the ACX Non-Exchange Tonne (XCT). Accordingly, no Registry Receipts related to the Project will be accepted for admission under any Digital Registry Receipts, other than XCT.
As a result, a Registry Receipt related to the Project will only be admitted under XCT with immediate effect and until further notice.
Head of Market Supervision
For more information please contact:
Registered entities: ACX Ltd & ACX Clearing Corporation Ltd
Registered office: 23rd Floor, Al Maqam Tower, ADGM Square, Al Maryah Island, Abu Dhabi, United Arab Emirates
ACX Ltd is recognised as an Investment Exchange and ACX Clearing Corporation Ltd is recognised as a Clearing House under the Financial Services and Markets Regulations 2015, and is regulated by the ADGM Financial Services Regulatory Authority.