Obligations

Contribution to market transparency and equal treatment of participants.

Publication of reports relating to management transactions

The publication of reports relating to management transactions promotes the provision of information to investors and creates market transparency. It also helps prevent insider trading.

Publication of significant shareholdings pursuant to Art. 120 ff. FMIA

The publication of significant shareholdings in issuers listed on SIX Swiss Exchange serves to improve the transparency of (price-sensitive) shareholding structures and thus increase the visibility of economic interests. The purpose is to prevent misuse of information leads. Publications also have an early warning function as regards takeover law.

Publications

Annual Report

Jahresbericht 2015 der Offenlegungsstelle von SIX Swiss Exchange, German

In ihren Jahresberichten gibt die Offenlegungsstelle der SIX Swiss Exchange in kurzer Form einen Überblick über ihre wichtigsten Tätigkeiten und die Entwicklung der Praxis im Offenlegungsrecht.

Commentary / Guideline

Commentary re Art. 56 of the Listing Rules and the Directive on the Disclosure of Management Transactions (Commentary MT)

This commentary serves to describe the provisions of Art. 56 of the Listing Rules (LR) and the Directive on the Disclosure of Management Transactions (DMT and is intended to offer a guide to interpretation. The Listing Rules should be interpreted in accordance with the Federal Act on Stock Exchanges and Securities Trading (SESTA). The DMT should be interpreted in accordance with the SESTA and the LR.