Regulatory Alerts2014-12-26
Added · Updated
Communiqué on Material Events Disclosure
The Capital Markets Board issued Communiqué II-15.1 to establish principles and procedures for the timely, complete, and accurate disclosure of material events affecting securities value or investor decisions. The regulation mandates immediate public disclosure of insider information, outlines conditions for postponement, and requires issuers to verify rumors and disclose significant transactions by persons with administrative responsibilities. It further defines ongoing information obligations, including mandatory disclosures for changes in capital structure, management control, and voting rights thresholds.
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