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UAE amends stock ownership disclosure rulesThe United Arab Emirates' market regulator unveiled a major overhaul of stock ownership rules in the country, in a bid to force more disclosure in takeover deals and boost transparency. But it was not clear when the guidelines would come i More… |
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Facebook, banks sued over IPO disclosureFacebook and banks including Morgan Stanley were sued by the social networking leader's shareholders, who claimed the defendants hid Facebook's weakened growth forecasts ahead of its $16 billion initial public offering. The defendants, who More… |
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New rules set for banks on disclosureBanks across the world will have to use a common format for disclosing the size and quality of their capital safety buffers from 2013 to help reassure investors they are stable. The Basel Committee on Banking Supervision, made up of regula More… |
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DFM achieves 100pc disclosure complianceDubai Financial Market (DFM) said that its listed local public joint stock companies have recorded a 100 per cent compliance regarding the disclosure of third quarter results within the deadline of 45 days from the end of the period. The t More… |
