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Insider dealings
Pursuant to Section 15 of the Securities Trading Act (Wertpapierhandelsgesetz – WpHG), in the version of the Investor Protection Enhancement Act (Anlegerschutzverbesserungsgesetz – AnSVG) of 30 October 2004, an issuer of financial instruments that are admitted to...
Notifications under WpHG
Pursuant to Section 15a (1) sentence 1 WpHG, the notification must be issued within 5 working days. The notification is to be submitted to us and the issuer. The duty to provide a notification always arises upon conclusion of the transaction (conclusion of a...
Financial Conglomerates Directive
In the opinion of Germany’s MTG representatives, the wording of Article 3(7), first subparagraph, second sentence of the Financial Conglomerates Directive is ambiguous. Germany’s position is that, for the purposes of identification, the wording “der dem von der Gruppe...