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From Goldman Sachs to HSBC, 5 banks collaborate on global approach to disclosing stock positions: Report
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livemint.com(Exciting news! Mint is now on WhatsApp Channels: Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) The five banks will be working with RegTech specialist Droit and a law firm to write a common digital machine-readable code that consortium members can implement to ensure consistent compliance. In some of the recent cases, investors have amassed large stakes in publicly traded companies that, while within the rules, have taken other market participants by surprise.
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