CESR second consultation on Transparency Directive

27 April 2005

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.

Press release
Document

© CESR - Committee of European Securities Regulators