Activities of Syed KAMALL related to 2011/0307(COD)
Shadow opinions (1)
OPINION on the proposal for a directive of the European Parliament and of the Council amending Directive 2004/109/EC on the harmonisation of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market and Commission Directive 2007/14/EC
Amendments (9)
Amendment 24 #
Proposal for a directive
Article 1 – paragraph 1 – point 2
Article 1 – paragraph 1 – point 2
Directive 2004/109/EC
Article 3 – Paragraph 1 – subparagraph 1
Article 3 – Paragraph 1 – subparagraph 1
The home Member State may make an issuer subject to requirements more stringent than those laid down in this Directive, except requiring issuers to publish periodic financial information other thann a more frequent basis than annual financial reports referred to in Article 4 and half- yearly financial reports referred to in Article 5. Member States may however impose publication of additional periodic financial information other than the annual financial reports referred to in Article 4 and the half-yearly financial reports referred to in Article 5 for the following purposes: - protection of financial stability; and - prudential and conduct regulation of institutions.
Amendment 28 #
Proposal for a directive
Article 1 – paragraph 1 – point 2
Article 1 – paragraph 1 – point 2
Directive 2004/109/EC
Article 3 – paragraph 1 – subparagraph 2
Article 3 – paragraph 1 – subparagraph 2
The home Member State may not make a holder of shares, or a natural person or legal entity referred to in Articles 10 or 13, subject to requirements more stringent than those laid down in this Directive, except when: (i) setting lower or additional notification thresholds than those laid down in Article 9(1). ; (ii) applying more stringent requirements than those referred to in Article 12; and (iii) applying laws, regulations or administrative provisions adopted in relation to takeover bids, merger transactions and other transactions affecting the ownership or control of companies, regulated by the supervisory authorities appointed by Member States pursuant to Article 4 of Directive 2004/25/EC of the European Parliament and of the Council of 21 April 2004 on takeover bids.
Amendment 49 #
Proposal for a directive
Article 1 – paragraph 1 – point 8 – point a
Article 1 – paragraph 1 – point 8 – point a
Directive 2004/109/EC
Article 13 – paragraph 1 – point a
Article 13 – paragraph 1 – point a
(a) financial instruments that, on maturity, give the holder, under a formal agreement, either the unconditional right to acquire or the discretion as to his right to acquire, shares to which voting rights are attached, alreadywhether already issued or to be issued, of an issuer whose shares are admitted to trading on a regulated market;
Amendment 50 #
Proposal for a directive
Article 1 – paragraph 1 – point 8 – point a
Article 1 – paragraph 1 – point 8 – point a
Directive 2004/109/EC
Article 13 – paragraph 1 – point b
Article 13 – paragraph 1 – point b
(b) financial instruments which are not included in point (a) but which are referenced to shares referred to in that point and with economic effects similar to thosefinancial instruments referred to in that point (a), whether they give right to a physical settlement or not.
Amendment 51 #
Proposal for a directive
Article 1 – paragraph 1 – point 8 – point b
Article 1 – paragraph 1 – point 8 – point b
Directive 2004/109/EC
Article 13 – paragraph 1 – subparagraph 1
Article 13 – paragraph 1 – subparagraph 1
Amendment 54 #
Proposal for a directive
Article 1 – paragraph 1 – point 8 – point c
Article 1 – paragraph 1 – point 8 – point c
Directive 2004/109/EC
Article 13 – paragraph 2 – introductory part
Article 13 – paragraph 2 – introductory part
2. The Commission shall be empowered to adoptESMA shall develop draft regulatory technical standards to specify the contents of the notification to be made, the notification period and to whom the notification is to bye means of delegated acts in accordance with Article 27(2a), (2b) and (2c), and subjectade as referred to in paragraph 1. ESMA shall submit those draft regulatory technical standards to the Commission by 31 December 2013. Power is delegated to the Commission to adopt the regulatory technical standards referred to in the conditions of Articles 27a and 27b, measures to: first sub-paragraph in accordance with Articles 10-14 of Regulation (EU) No 1095/2010.
Amendment 55 #
Proposal for a directive
Article 1 – paragraph 1 – point 8 – point c
Article 1 – paragraph 1 – point 8 – point c
Directive 2004/109/EC
Article 13 – paragraph 2 – point a
Article 13 – paragraph 2 – point a
Amendment 56 #
Proposal for a directive
Article 1 – paragraph 1 – point 8 – point c
Article 1 – paragraph 1 – point 8 – point c
Directive 2004/109/EC
Article 13 – paragraph 2 – point b
Article 13 – paragraph 2 – point b
Amendment 57 #
Proposal for a directive
Article 1 – paragraph 1 – point 8 – point c
Article 1 – paragraph 1 – point 8 – point c
Directive 2004/109/EC
Article 13 – paragraph 2 – point c
Article 13 – paragraph 2 – point c