EU Commission publishes implementing measures for the Transparency Directive

Transparency Directive published in the Official Journal of the European Commission

The European Commission’s implementation of the Transparency Directive (2004/109/EC) has now been published in the Official Journal.
Issues dealt with by the directive include: procedural arrangements for the choice of the home Member State; minimum content of half-yearly non-consolidated financial statements; major related parties’ transactions; maximum length of the usual "short settlement cycle"; control mechanisms by competent authorities vis-a-vis market makers; calendar of trading days

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