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ESMA should adapt guidelines on delay in the disclosure of inside information
Additional own funds requirements for banks under Pillar 2 of Basel III should not be considered inside information per se. This is the key message of our position on a consultation paper of the European Securities and Markets Authority ESMA regarding the public disclosure of inside information. ESMA should also use the consultation to improve the options for delaying disclosures in general.
Position papers
Publicity and transparency
Contact
Dr. Gerrit Fey
Head of Capital Markets Department
Tel.+49 69 92915-41
fey(at)dai.de