On 3 February 2017, the European Securities and Markets Authority (ESMA) published a Practical Guide to national rules across the EEA on notifications of major shareholdings under the Transparency Directive (Directive 2004/109/EC). 

The Guide has been prepared to assist shareholders in complying with the different requirements on a country-by-country basis.


This communication, which we believe may be of interest to our clients and friends of the firm, is for general information only. It is not a full analysis of the matters presented and should not be relied upon as legal advice. This may be considered attorney advertising in some jurisdictions. Please refer to the firm's privacy notice for further details.