CESR published its draft technical advice and launched a second consultation on dissemination of financial information and other implementing measures of the Transparency Directive. The consultation on possible implementing measures covers five aspects:
dissemination of regulated information;
notification of major holding of voting rights;
half yearly financial reports;
equivalence of transparency requirements for third countries issuers;
the procedural arrangements whereby an issuer may elect its ‘home Member State’ competent authority for the purposes of the Directive.
The deadline for responses is 27 May 2005. A public hearing will be held in the week of 16-20 May 2005.
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© CESR - Committee of European Securities Regulators
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