Notification obligations for major holdings and sanction practices in Germany | Practical Law
This article explains the German regime for disclosing major holdings of voting rights and related instruments as well as the applicable sanction provisions and current sanction practices. These regulations were recently amended in the course of the implementation of Directive 2013/50/EU amending Transparency Directive 2004/109/EU. It does not cover duties relating specifically to submissions of public takeover offers.