an intentions-based approach securit.

[Alex16]

___ has published... “Disclosure regulation of cash-settled equity derivatives: an intentions-based approach” in the Lloyd’s Maritime and Commercial Law Quarterly.

подход, основанный на намерениях (чьих?)

[medvedica]

чьих? – the CfD (Contracts for Difference) holder’s
As this article explains, the key problem related to CfDs is not the economic interest which CfDs convey per se, but rather the hedging structures that market participants have developed to facilitate the use of CfDs to acquire control of companies by stealth. This particular mischief would have been better targeted by an intentions-based disclosure regulation requiring disclosure of CfD positions only in cases where the CfD holder intends to launch a takeover or to otherwise influence the target company’s strategy and operations.

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1844886

[Alex16]

Спасибо.