BusinessCompany NewsFSA mulls derivative disclosure

FSA mulls derivative disclosure

City watchdog considers forcing disclosure of shares held via derivatives

Hedge funds and other market players that hold shares in companies via
derivatives may be forced to disclose their holdings under plans under
consideration by the Financial Services Authority.

Hedge funds have used derivatives to secretly build up stakes in takeover
targets, and have only had to disclose their interests when a formal bid is
actually made.

According to the Times the FSA is now considering making disclosure
of derivative holdings mandatory. The watchdog declined to comment.

Further reading:

Dealmakers eye new panel rules

Related Articles

M&S business rate liabilities based on £570m rateable value

Company News M&S business rate liabilities based on £570m rateable value

4m Emma Smith, Managing Editor
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

8m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

12m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

1y Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

1y Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

1y Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

1y Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

1y Emma Smith, Managing Editor