On 27 October 2020, the Swedish regulator, Finansinspektionen fined Paradigm Capital Value LP for late shareholding disclosure. Paradigm Capital Value LP made late notification of its holding of shares and votes in Jetpak Top Holding AB Effective Paradigm Capital Value LP shall pay a penalty of SEK 40,000.
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Sweden – FI Fines for Late Shareholding Disclosure
On 16 October 2020, the Swedish regulator, Finansinspektionen fined Ruane, Cunniff & Goldfarb for late shareholding disclosure reporting. Ruane, Cunniff & Goldfarb L.P. shall pay a penalty of SEK 25,000.
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Germany – BaFin Imposes Fine for Late Shareholding Disclosure
On 12 October 2020, GE BaFin imposed share threshold publishing breach. BaFin announced that on 7 October 2020, it imposed €600,000 fine on Covestro AG. For violation of section 130 paragraph 1 of the Administrative Offenses Act (OWiG) together with section 40, paragraph 1, clause 2 of the Securities Trading Act (WpHG). Imposed due to…
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Sweden – FI Fines for Late Shareholding Disclosure Reporting
On 8 October 2020, the Swedish regulator, Finansinspektionen fined StrateVic Finance Group AB for breach of the obligation to publish shareholding information about an increase in the number of shares and votes in StrateVic Finance Group AB. StrateVic Finance Group AB shall pay a penalty of SEK 200,000.
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Disclosing in Sweden – Take Note
It’s July, so naturally, things are starting to heat up here in the northeastern part of the US. Taking a look back at the first half of the year,...full article.
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France – GVT Foreign Investment Screening
On 30 April 2020, FR GVT adapted rules on investments during Covid. FR GVT adapted control of foreign investments in France (IEF), during the Covid crisis. Minister of Economy and Finance announced the adaptation of a procedure on 29 April 2020. Foreign Direct Investment First, long-term inclusion of biotechnologies in critical technologies list for IEF control.…
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