Persons discharging managerial responsibility and Pfandbrief: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Update - source - Wikipedia - https://en.wikipedia.org/wiki/Pfandbrief)
 
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''Market Abuse Regulation (MAR) - European Union (EU)''.
''Covered bonds - Germany.''  


(PDMR).
A Pfandbrief is a mortgage-backed or public sector loan-backed bond issued by a German bank.
The strict regulatory regime governing Pfandbrief-issuing and their relatively high credit ratings have enabled issuers to sell them widely to international investors.


Under the Market Abuse Regulation, persons discharging managerial responsibility are:
*Subject to restrictions on dealing, and
*Required to disclose their dealings.


== See also ==
* [[Bond]]
* [[Covered bond]]
* [[Credit rating]]
* [[Mortgage]]
* [[Public sector]]
* [[Schuldschein]]


:<span style="color:#4B0082">'''''Why PDMRs?'''''</span>
[[Category:Corporate_financial_management]]
 
:"These disclosures have two objectives.
 
:First, to be preventative to insider dealing, and second, to be a source of useful information for the rest of the market - PDMR decisions ultimately reflect the decisions of those most closely involved with the performance of the company."
 
:''Julia Hoggett, director of market oversight, Financial Conduct Authority, The Treasurer, August 2018, p28.''
 
 
 
==See also==
* [[Asymmetric information]]
* [[Confidential information]]
* [[Discharge]]
* [[Disclosure]]
* [[European Union]]
* [[Financial Conduct Authority]]
* [[Insider dealing]]
* [[Market abuse]]
* [[Market Abuse Directive]]
* [[Market Abuse Regulation]]
 
[[Category:Accounting,_tax_and_regulation]]

Revision as of 15:15, 16 February 2022

Covered bonds - Germany.

A Pfandbrief is a mortgage-backed or public sector loan-backed bond issued by a German bank.

The strict regulatory regime governing Pfandbrief-issuing and their relatively high credit ratings have enabled issuers to sell them widely to international investors.


See also