Relation Between Rights And Duties
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Member States shall allow shareholders and the natural person or legal entity referred to in Articles 9, 10 and thirteen to inform information to an issuer under this Directive only in a language customary in the sphere of international finance. If the issuer receives such a notification, Member States may not require the issuer to offer a translation into a language accepted by the competent authorities. Within native Schengen cooperation a standard info sheet shall be established on uniform visas and visas with restricted territorial validity and airport transit visas, specifically, the rights that the visa implies and the circumstances for making use of for it, including, where relevant, the listing of supporting documents as referred to in paragraph 1. The disclosure to competent authorities by the auditors of any fact or choice associated to the requests made by the competent authority underneath paragraph shall not represent a breach of any restriction on disclosure of knowledge imposed by contract or by any legislation, regulation or administrative provision and shall not contain such auditors in liability of any kind. In addition, the house Member State may lay down in its law, laws or administrative provisions that the regulated data shall, depending on the selection of the issuer, be disclosed both in a language accepted by its competent authority or in a language customary within the sphere of worldwide finance. Any obligation for an issuer to translate all ongoing and periodic info into all the relevant languages in all … Read More
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