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Investors Part 12Page 1 of 8Rev. 4/18Part 12 and Appendix 12 of Title 13 NY CRR is repealed and a new Part 12 is added as follows: PART 12 SECURITY TAKEOVER DISCLOSURE RULES (Statutory authority:
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www.iasplus.com/en/standards/ifrs-12/disclosure-of-interests is needed by individuals or entities who are required to comply with IFRS 12: Disclosure of Interests in Other Entities. This includes publicly traded companies, financial institutions, and other organizations that have significant investments, joint ventures, or other interests in other entities.
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IFRS 12 is a standard that requires entities to disclose information about interests in other entities, including subsidiaries, joint arrangements, associates, and unconsolidated structured entities.
Entities that have interests in subsidiaries, joint arrangements, associates, or unconsolidated structured entities are required to file disclosures as per IFRS 12.
To fill out the disclosures under IFRS 12, entities must provide information about the nature, risks, and financial effects of their interests in other entities as specified in the standard.
The purpose of IFRS 12 is to provide investors and other users of financial statements with information that enables them to evaluate the nature and financial effects of interests in other entities.
Entities must report details such as the type of interest, ownership percentage, and summarized financial information of controlled and unconsolidated entities.
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