EU Guides Watchdogs On Checking Financial Disclosures
Law360, London (February 4, 2020, 4:42 PM GMT) -- The European Union set out guidelines on Tuesday to help national regulators monitor whether companies issuing listed securities are keeping investors properly informed with clear financial information on how their investments are performing.
Domestic regulators across the bloc must ensure they check whether issuers of securities that are traded on EU-regulated markets are disclosing key information to investors, the European Securities and Markets Authority said. Europe’s Transparency Directive obliges issuers, such as listed companies, to disclose the financial performance of the securities they have issued to investors.
But ESMA found in 2017 that national regulators were inconsistent in the way they...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!