On 25 May 2021, BaFin imposed an administrative fine amounting to 24,000 euros on Epigenomics AG. The sanction related to a breach of section 26a (1) sentence 1 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG) old version. Epigenomics AG failed to publish the total number of voting rights tied to shareholding disclosure within…
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India – BSE Shareholding Disclosure
On 31 March 2021, IND BSE discontinued disclosure of holdings in companies. IND BSE discontinued the quarterly disclosure requirement by trading members on their holdings in various listed companies, effective from quarter ended March 2021. Disclosure of Holdings Notices issued in 2014 required members to disclose their holdings of 1% or more in listed companies…
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Sweden – FSA Several Firms Fined for Late Shareholding Reporting
On 10 February 2021, FSA published the decision of the Administrative Court to annul the decision of the FSA in a judgment issued 30 November 2020. In their decision, the Administrative Court annulled three personalities issued against 3 three firms: Kringesche Vermögensverwaltungs GmbH, FKL Holding GmbH, and Neongelb Invest GmbH. All three firms had late…
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SA Increases Articles of Association Data to 5 Jurisdictions
On 8 February 2021, Solutions Atlantic announced the addition of 3 jurisdictions to its Articles of Association data feed. The Articles of Association data is offered to clients of the Regulatory Reporting System. In addition to France and Belgium data, clients now have access to Austria, Ireland and Netherlands. The Articles of Association data provides…
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Sweden – FI Fines for Late Shareholding Disclosure
On 27 January 2021, the Swedish Financial Supervisory Authority fined RoosGruppen AB a penalty of SEK 500,000 for late shareholding disclosure.
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Sweden – FI Fines for Late Disclosures
On 15 January 2021, Sweden's regulator, Finansinspektionen has fined two firms for late shareholding disclosure in Nordic Flanges Group AB. Both Brax Investments and Bees Invest will pay SEK 2,400,000.
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