Tag Archives: disclosures

U.S. – SEC Adopts Changes to Major Shareholding Reporting

On 10 October 2023, the SEC issued confirmation that it is adopting amendments to the rules governing major shareholding reporting that had been proposed. The key changes from these amendments are: (a) reduction in the deadlines for disclosures of 13D and 13G Reports; (b) disclosure of cash settled securities; (c) clarification on the criteria for…
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Ireland – CB Updates UCITS FAQs

On 10 September 2021, IRE CB issued updated FAQs on UCITS. IRE CB issued 33rd edition of FAQs on UCITS so as to assist in limiting uncertainty. Follows IRE CB June 2021 issued FAQs, including on charity distributions. And follows IRE CB July 2021 issue of the 32nd edition of its UCITS FAQs. UCITS FAQs…
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Sweden – FI Fines for Late Substantial Shareholding Disclosure

On 8 September 2021, SWE FI fined Carve Capital SEK 1,900,000 late flagging. Carve Capital AB fined SEK 1,900,000 penalty for late substantial shareholding disclosure for shares in Attendo AB (publ). Under Fnancial Instruments Trading Act (1991:980), breached timely notification. Late Flagging Carve Capital AB notified SWE FI on 22 January 2019, that on 10…
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U.S. – SEC EDGAR APIs, Disclosure Access

On 19 August 2021, SEC reported API interfaces to consolidate EDGAR data. SEC announced application programming interfaces (API) to aggregate EDGAR data. To allow parties to easily obtain financial statements and disclosures of traded firms. Objective to ensure developers and third parties can create mobile/web applications. That allow retail investors to quickly retrieve public firm…
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Russia – CB Investment Platform Disclosure

On 24 June 2021, RUS CB issued information letter on investment platforms. RUS CB issued letter IN-015-34/42 which addresses investment platforms and carrying out disclose requirements as required by law 259-F3, the Investment Platforms Law. Clarifications When disclosing information required in clauses 1-4, 6, 7, of Article 15, RUS CB recommends that disclosures occur within…
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Thailand – SEC Investment Trust Offering

On 11 June 2021, Thai SEC made amendments to rules on disclosures for REITs. ThorChor. 47/2564 on issuance and offering of trust units of REITs, to add REITs with redemption clause and REITs with conditions for termination of the lease agreement. Sor. 38/2564 on contents of the trust deed of REITs, re appraisal of assets…
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