Regulatory Alerts2017-07-19
Added · Updated
Bandwidth DNO
A Bandwidth Declaration of No-Objection (DNO) allows the size of a qualifying holding to vary within a specified range without requiring a new or amended DNO application. Applicants for a DNO under Sections 3:95 and 3:96 of the Wft may choose from four available bandwidths: 10-20%, 10-33%, 10-50%, and 10-100%. This option provides flexibility for shareholding adjustments within the defined limits.
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