trending Market Intelligence /marketintelligence/en/news-insights/trending/pPKxFVzyASfhvWXAFAaXRg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Saipem fined for noncompliant offer documentation during 2016 capital increase

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August


Saipem fined for noncompliant offer documentation during 2016 capital increase

Italian oilfield services company Saipem SpA said March 12 that the Italian Companies and Exchange Commission fined it €350,000 for allegedly failing to comply with rules when it issued offer documentation to the public during a capital increase operation implemented from January to February 2016.

The commission imposed administrative fines of €200,000 for Saipem CEO Stefano Cao and €150,000 for the former manager who drafted the company's accounting documents during the capital increase in 2016.

The fines were the result of a sanctioning administrative procedure the commission's Information Division launched in April 2018.

However, Saipem said the commission dismissed administrative proceedings it launched in April 2018 against the nonexecutive directors of the board during the alleged breaches.

In April 2018, Saipem appealed the commission's resolution that found that Saipem had not complied with rules in preparing separate and consolidated financial statements for 2015 and 2016. The appeal is pending judgment before the Regional Administrative Tribunal of Lazio.

The company said in January that it was committed to cooperating in the Milan investigation a local prosecutor was conducting after the company was accused of false accounting and market manipulation.