Tighter rules on derivatives
Published Date:
03 July 2008
THE Financial Services Authority is to introduce stronger disclosure rules on derivative positions used to build stakes in companies.
After receiving feedback on a consultation, the FSA said it would demand that existing shareholdings and contracts for difference in the same company be aggregated and disclosed at over 3 per cent of the share capital.
The full article contains 59 words and appears in The Scotsman newspaper.
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Last Updated:
02 July 2008 9:04 PM
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Source:
The Scotsman
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Location:
Edinburgh
