Schedule 13D

Schedule 13D discloses beneficial ownership above five per cent of a class of registered equity, along with the holder's intentions. Concealed control blocks are usually concealed by not filing it.

compliance and practice · updated 2026-09-08

Where does schedule 13d come up?

This term is used in the following manipulation techniques, each explained in full on its own page.

• Undisclosed control blocks — An undisclosed control block is a controlling shareholding held through nominees and offshore entities so that no individual holding crosses a reporting threshold, leaving the market with a false picture of who controls the company.

Enforcement actions involving these techniques

See also

• Beneficial ownership — Beneficial ownership is the real economic interest in a security, regardless of whose name it is held in. It determines disclosure…

Terms that refer here

Section 16 reporting

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