On 4 March 2022, LUX CSSF issued details of launch of new web platform for filing major shareholdings disclosure reports. LUX CSSF issued a communication on the launch of eRIIS, a new web platform for all entities that are subject to the Transparency Law, as well as Market Abuse Regulation. Follows LUX CSSF January 2021…
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U.K. – FCA Major Shareholding Disclosures
On 22 March 2021, UK FCA issued Disclosure Guidance and Transparency Rules Chapter 5 (DTR 5) user guide, v2.0 on submitting notification if reportable threshold is crossed. The user guide covers how to register to use the electronic submission system (ESS). How to register and to submit a major shareholdings notification under DTR 5. Uploading…
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U.K. – FCA Shareholding Disclosures
On 23 November 2020, UK FCA issued update email on notifications under DTR5. UK FCA announced change to the way in which investors must submit the standard form for notification of major shareholdings (TR-1 form) under Disclosure Guidance and Transparency Rules Chapter 5 (DTR5); the change will be introduced in Q1 2021. FCA want to…
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Germany – BaFin Mandatory Electronic Shareholding Disclosures
On 6 May 2020, BaFin issued an update announcing mandatory electronic filing of major holdings will be effective in July 2020. In March 2020, BaFin informed of an upcoming amendment to the regulation on the notification of major shareholdings (Stimmrechtsmitteilungsverordnung – StimmRMV) according which the electronic submission will be the only permitted method of submitting…
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Germany – BaFin Releases Handbook in English
On 26 June 2019, BaFin released its updated Handbook for major shareholdings in English. In addition they also released a sample for a declaration of independence as well as an attachment in case of a collective declaration under the Forms section.
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Germany – BaFin Updates Major Shareholding Form
With effect of 30 October 2018 amendments of the Securities Trading Reporting Regulation (Wertpapierhandelsanzeigeverordnung [WpAV]) and BaFin‘s Ordinance on Notifications of Major Holdings under sec. 33 et seq. WpHG (StimmRMV – so far available only in German) will enter into force.
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