The Disclosure Office of SIX Exchange Regulation AG publishes its practice, inter alia, in the form of Notices.
Upon the entry into force of the Financial Market Infrastructure Act (FMIA), a new and separate reporting obligation was introduced: Aside from the beneficial owner, third parties are now also subject to the reporting obligation if they have discretionary power to exercise voting rights (Art. 120 para. 3 FMIA). The new Notice I/18 sets out the details of the scope of application of this provision and the specifics of how the reporting obligation is structured.
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