SIX Exchange Regulation announced that it has reached an agreement with HOCHDORF Holding AG in connection with a breach of the accounting standards (Swiss GAAP FER) in the 2017 interim financial statements. The identified deficiencies relate to the treatment of a mandatory convertible bond. As part of the agreement, the company has committed itself to…
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SIX Exchange Regulation announced that it has reprimanded Bellevue Group AG for several errors in its 2016 annual financial statements. Bellevue Group AG is sanctioned for the incorrect recognition of the foreign currency translation, the inadequate liquidity risk disclosures as well as the insufficient fair value disclosures with regard to a liability from a contingent…
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SIX Exchange Regulation just announced that has opened an investigation against Banque Cantonale de Genève on account of a possible breach of regular reporting obligations. SIX Exchange Regulation, which monitors and enforces issuer obligations on behalf of SIX Swiss Exchange Ltd, opened an investigation against Banque Cantonale de Genève on 4 October 2017 on account…
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SIX Exchange Regulation announced that has reached an agreement with SHL Telemedicine Ltd. in connection with a breach of the accounting standards (IFRS) in the 2015 annual financial statements. The identified deficiencies relate to the revenue recognition and disclosure for performance-based contracts as well as the recognition of expenses. As part of the agreement, the…
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SIX Exchange Regulation announced that has reached an agreement with Perfect Holding SA in connection with a breach of the accounting standards (IFRS) in the 2016 interim financial statements. The identified deficiency relates to the translation of goodwill arising from the acquisition of a foreign operation. As part of the agreement, the company has committed…
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The Board of Directors of SIX has selected Sabir Sheikh to head up issuer regulation and Jared Bibler to be in charge of trading supervision at SIX Exchange Regulation. The Swiss Financial Market Supervisory Authority (FINMA) has approved the selection. This means that the Management Committee of SIX Exchange Regulation, led by Corinne Riguzzi, is…
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On 8 December 2016, Norinvest Holding Ltd applied for the delisting of all of its listed registered shares (Swiss Security Number 1’359’224 / ISIN CH0013592248) with a par value of CHF 1 each. SIX Exchange Regulation granted this application on 27 December 2016. The delisting takes place on 28 April 2017, the last trading day…
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SIX Exchange Regulation has just ascertained that Accu Holding Ltd is no more capable to fulfil the requirements for maintaining the listing. Trading with the shares of the company will therefore be suspended as of 3 January 2017 until further notice. The resumption of trading will be announced in due time. SIX Exchange Regulation performs…
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