Yearly Archives: 2018

Hong Kong – SFC Takeovers Table Updated

On 16 November 2018, the offer period for Universe Entertainment and Culture Group Company Limited (Stock Code: 1046)  and the offer period for Natural Beauty Bio-Technology Limited (Stock Code: 157) was closed.
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E.U. – ESMA Short Selling FAQs Updated

On 14 November 2018, EU ESMA updated FAQs on short selling regulation implementation. New Q4.10 clarifies that identification of relevant competent authority, following entry into application of MiFIDII/MiFIR is no longer made under Commission reg 1287/2006. But under del reg 2017/590 for the reporting of transactions to competent authorities.  
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Germany – BaFin Major Shareholding Update

On 13 November 2018 BaFin issued a version of the updated „Emittentenleitfaden“ on their website (German available; an English version is in progress). Please note, that the version of the updated „Emittentenleitfaden“ can still contain incorrect formatting and links, as the print version has not been finalized yet. In context of updating BaFin’s „Emittentenleitfaden“ the…
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Thailand – TSC Major Shareholder

On 12 November 2018, Thailand TSC refined definition of major shareholder. Amended the definition of major shareholders so "Number of shares with voting rights" means the "number of voting rights" from this date to improve clarity. "Major Shareholder" means a person who holds shares in a securities company, whether directly or indirectly, more than 10%…
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Taiwan – FSC Foreign Investment Insurance

On 6 November 2018, Taiwan FSC said draft measures completed pre-announcement procedures and no opinions were submitted, amendments will be released soon. Background On Aug. 14, Taiwan FSC amended foreign insurer investments. Raised quota limit for insurance industry investment in international board bonds. Relaxation of insurance foreign currency traditional policy reserve is not included. Open…
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