Germany tightens disclosure rules

pg15-zeller-gif

Hedge funds received another poke in the eye from German politicians last month, as plans were revealed to tighten disclosure requirements for equity investors. Currently, investors can hold up to 5% of a single company's shares without making the stake known, but from January 2007 they must make an announcement as soon as they hit a 3% threshold.

The rule change was drawn up by the Ministry of Finance as part of Germany's implementation of the EU's transparency directive, and a spokesman for

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: