Yearly Archives: 2018

India – SEBI Makes Further Amendment to Takeovers

  On 11 September 2018, SEBI issued further amendments to rules, to change wording. Revision shall come into force, on the date of their publication in official gazette. Background On 1 June 2018 , SEBI issued rules on acquiring shares and takeovers.   Substantial acquisition of shares and takeovers (amendment) regulations, 2018. Regulations come into…
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Hong Kong – SFC Short Selling Fine

The Securities and Futures Commission (SFC) has publicly reprimanded Huatai Financial Holdings (Hong Kong) Limited (Huatai Financial) 1 and fined it $800,000 pursuant to section 194 of the Securities and Futures Ordinance (SFO).
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Croatia – HANFA Investment Products

On 13 September 2018, HANFA¬† issued a notice of the conclusion of the consultation. Investment research and analysis, or another form of general recommendations. Provision stated it is necessary to take into account whether company is registered for the aforementioned auxiliary activity, can prove to act in best interest of client etc. Given that guidelines…
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