Thursday August 1 2013

News Source: Global Disclosures

Focus: Substantial Acquisitions

Type: Correspondence with Regulators

Country: Germany




The German Federal Financial Supervision Authority, BaFin, has responded to a query regarding the format of reporting by asset management companies in relation to the Germany substantial acquisitionrules (acquisitions moving above or below 20%, 30% and 50%).

The Regulator confirmed that BaFin has not yet published any forms of notifications or any other guidance on the obligation to notify the authority in case of major holdings.