Regulators in more than a hundred jurisdictions require market participants to make express statements when they charge really extensive interest in an issuer or value, invest in a sensitive sector, participate in a public takeover bid, or interact in short selling. However, there is little standardization of rules; Each regulator applies shareholder monitoring and disclosure needs with its own nuances, creating a significant compliance challenge for global monetary institutions. AxiomSL’s Global Shareholding Disclosures solution automates the procedure for tracking and reporting threshold oversteaches, enabling companies to standardize their procedures and protect audits.
“As one of the world’s largest banking establishments with investments in global equity, MUFG is a perfect example of the kind of company that will gain huge advantages from automating its shareholder tracking and cloud compliance reporting processes,” said Gaurav Chandra, Global Product Manager, Global Shareholder Disclosures, AxiomSL. “In the midst of the increased volatility that accompanied the COVID-19 crisis, equitable investments are under more scrutiny than usual, so it is the right time to put into force a cloud-based solution that evolves globally and adapts to adjustments to investment thresholds. . work hard with MUFG to put into effect the most productive automated monitoring and reporting of global shareholders.”