EUROPEAN UNION: ESMA Issues New Standard Home Member State Disclosure Form for EU Major Shareholdings

Friday October 23 2015

ESMA has published a new standard form for issuers to disclose who their home Member State is. Under EU major shareholding rules The amended TD requires issuers whose securities are admitted to trading on an EU regulated market to disclose their home Member State to: their home Member State competent authority, all host Member State competent authorities, and to the competent authority of the Member State where the issuer has its registered office.

Use of ESMA’s new standard form will reduce the administrative burden for issuers by simplifying different types of disclosure forms into one single document and ensure that all national authorities receive a consistent set of information. The use of this form is not mandated by the TD but recommended by securities regulators.

Click here for Standard form for disclosure of Home Member State

Click on the link above for further details.