Changes in reporting obligations of securities issuers
09.01.2014 new provisions, capital markets
Recent amendments to the Transparency for Listed Companies Directive should improve the system for release of information by listed companies.
2013 brings further changes in laws governing the capital market
10.01.2013 new provisions, capital markets
A number of changes in two key laws governing the capital market—the Investment Funds Act and the Public Offerings Act—will go into effect in 2013.
Can a company defend against a hostile takeover?
04.10.2012 corporate, capital markets, M&A
When reports become public of plans for a hostile takeover of an exchange-listed company, the question arises whether the company may take any measures to oppose the takeover.
New rules for settling securities transactions
20.09.2012 project, capital markets
A bill to amend the Act on Trading in Financial Instruments was adopted on 28 June 2012
UCITS IV Directive not implemented in time-what to do now?
01.09.2011 project, capital markets
The deadline for Poland to implement the EU’s revised investment fund regulations came and went on 30 June 2011, but since then the Ministry of Finance has published its initial proposal to codify UCITS IV.
May the management board deprive a shareholder of the right to vote?
24.02.2011 capital markets
Violation of obligations related to acquisition of a major stake in a public company is subject to the sanction of loss of voting rights.
Financial Supervision Authority fines are for real
17.02.2011 banking & finance, capital markets
Information published on the website of the Polish Financial Supervision Authority (KNF) shows that the KNF takes full advantage of its authority to impose fines for failure to play by the rules on the financial markets.