The Minister of Finance, Mr Bos, has responded to questions from the Second Chamber of Parliament on disclosure obligations for financial instruments that may entitle the holder to voting rights. The questions arose in connection with the decision of the British Financial Services Authority (FSA) to include cash settled options and equity swaps when assessing whether a party has exceeded the 30% threshold for a public offer as of 1 June 2009 and to include contracts for difference in the calculation of the threshold for disclosure obligations in respect of substantial interests as of September 2009.

In his response, Mr Bos announced that a consultation document will be published before the summer on the reporting regime of the FSA and on the issue of what the scope of any disclosure obligation should be to prevent the undisclosed acquisition of interests.