Rulefinder
Shareholding Disclosure
Comprehensive analysis of shareholding disclosure thresholds and reporting obligations
Request free trialHow it works
Rulefinder Shareholding Disclosure is an online legal service designed to help organisations navigate shareholding disclosure rules across the globe. It's simple to access, easy to navigate and maintained daily by a senior legal team.
Used by more than 450 institutions globally, this product:
- Covers major shareholdings, short selling, sensitive industries, foreign direct investment, takeovers and issuer requests across 100+ jurisdictions
- Keeps you up-to-date with daily horizon scanning alerts and a dedicated tracker of global shareholding disclosure developments
- Includes options to add on market data feeds and integrate with leading partners
- Is available as an annual subscription. No tie-ins, no fuss
Who it's for
Our trusted content is used by a wide range of financial institutions, including banks, asset managers, pension funds and hedge funds.
How it helps
We work with leading counsel across the global to negotiate a detailed memoranda of law which we provide alongside practical colour-coded extracts.
The detail is there for those who need it, and is available in summary format for those who don't.
Product features
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Simplify compliance
- A user friendly, colour-coded on-screen report of key issues with impact-flagged email alerts and a 2-page PDF summary
- Access to sources, including local counsel memoranda and contact details
- Initial Thresholds and Foreign Investment Thresholds Apps
- Compare and version audit features
- Ability to customise your own reports
- Consistent and practical content, honed in practice since the service launched in 2008
Jurisdictions covered
We provide consistent and comparable analysis across 100+ jurisdictions.
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Georgia, Germany, Gibraltar, Greece, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, Russian Federation, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, Ukraine and United Kingdom
Bahrain, Botswana, Egypt, Ghana, Israel, Jordan, Kazakhstan, Kenya, Kuwait, Lebanon, Mauritius, Morocco, Namibia, Nigeria, Oman, Qatar, Saudi Arabia, South Africa, Tunisia, Uganda, United Arab Emirates, Zambia and Zimbabwe
Argentina, Bahamas, Bermuda, Brazil, British Virgin Islands, Canada (Ontario), Cayman Islands, Chile, Colombia, Curaçao, Ecuador, Jamaica, Mexico, Panama, Peru, Puerto Rico, United States, Uruguay and Venezuela
Australia, Bangladesh, China, Hong Kong SAR, India, Indonesia, Japan, Malaysia, Marshall Islands, New Zealand, Pakistan, Papua New Guinea, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand and Vietnam
View sample content
Experienced senior lawyers
Rulefinder Shareholding Disclosure is designed by an expert legal team working with leading local counsel globally.
Main topics covered
- Beneficial Ownership / Substantial Shareholdings
- Short Selling (including Temporary Short Ban Alerts)
- Sensitive Industry limits / Foreign Direct Investment (FDI) restrictions
- Enhanced Takeover Reporting Thresholds
- Complex Portfolio and Group Aggregation Scenarios analysed
- Complex asset classes analysed including CFDs and other derivatives, futures, stock lending, convertibles /exchangeables, warrants, ETFs and Indices and Baskets
- Application capacity based exemptions (e.g. nominee, custodian, stock borrower, stock lender or collateral taker)
- US 13D and 13G reporting and filing
- US 13f-2 short selling rules
- US Alternative Uptick Rules for short selling
- EU Transparency Directive (2004/109/EC)
- EU Amending Transparency Directive (2013/50/EU)
- EU Regulation No 236/2012 - net short position reporting for shares, sovereign debt and sovereign CDS
- Hong Kong: Part XV of the Securities and Futures Ordinance
- Singapore “Securities and Futures Act” notifications
- UK Irish and French Takeover Panel disclosures
- Issuer-initiated disclosures, (e.g. section 793 UK Companies Act, section 1062 Irish Companies Act and section 329 of the Securities and Futures Ordinance in Hong Kong)
Rules Engines
Increasingly, subscribers want to utilise our market leading legal analysis in a rules engine format where they can reduce their manual reporting activities. We are the leaders in working with the RegTech industry to combine shareholding disclosure legal analysis with tech. We licence our content to a range of third party RegTech providers.
Supplementary market data
Many subscribers struggle to obtain and maintain accurate and cost-effective market data such as issuers subject to takeover bids, sourcing lower thresholds in issuers' articles of association (by-laws) and temporary short selling bans.
We offer supplementary market data which can be integrated as an FTP feed or viewed online.
Featured
article
Shareholding Disclosure - Short Position Reporting: Global View
We discuss the complexity of short position reporting in jurisdictions with low threshold-based regulatory regimes, and the practical issues to consider for firms fulfilling their reporting compliance obligations.
news
aosphere + regtech = a good match
Q&A with Head of Rulefinder Shareholding Disclosure (SD), Faye Sutherland.