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Legal uncertainties and practical issues of transaction reporting (Article 134 FMIA) for non-transactional events based on an ambiguous cross-reference in Takeover Ordinance
This contribution addresses the legal uncertainties and practical issues surrounding transaction reporting pursuant to article 134 FMIA for non-transactional events due to an ambiguous cross-reference at the ordinance level. If the „mutatis mutandis“ cross-reference in article 40 Takeover Ordinance is taken to mean that all reporting events under the ordinary shareholder disclosure rules, as reflected in…
Reference: CapLaw-2025-22