by stagingadmin | Oct 14, 2011 | Finance & Investor Relations, Legal
In November 2009, the IASB issued IFRIC 19 “Extinguishing Financial Liabilities with Equity Instruments”. The Interpretation has yet to be endorsed by the European Union and incorporated into European law. The Interpretation specifies that a borrower who...
by stagingadmin | Oct 14, 2011 | Finance & Investor Relations, Legal
In June 2009, the IASB published its amendments to IFRS 2 “Share-based Payment”. The amendments were endorsed by the European Union in March 2010 and incorporated into European law. The amendments relate to the accounting of “group-settled...
by stagingadmin | Oct 14, 2011 | Finance & Investor Relations, Legal
In November 2008 IFRIC issued IFRIC 17 “Distributions of Non-cash Assets to Owners”. IFRIC 17 was endorsed by the European Union and incorporated into European law in November 2009. This Interpretation relates to the recognition and measurement of...
by stagingadmin | Oct 14, 2011 | Finance & Investor Relations, Legal
We pointed out that there were indeed differing opinions at an international level as to the risk associated with the fair value option. Moreover, the Paper was not aimed at imposing additional restrictions with regard to risk management or the application of the fair...
by stagingadmin | Oct 14, 2011 | Legal
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...
by stagingadmin | Oct 14, 2011 | Legal
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...
