The Netherlands Authority for the Financial Markets (AFM) has published a Guideline for Shareholders, which replaces its previous Information Brochure for Shareholders.
The current rules for notification of voting rights, capital, control and capital holdings in issuing institutions are extended with effect from 1 January 2012. The rules are stated in Section 5.3 of the Financial Supervision Act and the Decree on the Disclosure of Major Holdings and Capital Interests in Issuing Institutions. The extension of the requirements is linked to the entry into force of the legislative proposal regarding the introduction of a notification requirement for certain cash-settled instruments.
The AFM wishes to draw attention to the initial notification requirement which applies as a result of the proposal taking effect, to Guideline for Shareholders.
The AFM is committed to promoting fair and transparent financial markets.
As an independent market conduct authority, we contribute to a sustainable financial system and prosperity in the Netherlands.