In The News

China – BIRC Finalized Measure for Major Shareholder Supervision

On 14 October  2021, CHI CBIRC finalized measures for major shareholder supervision. Requires banking and insurance institutions to strengthen management of equity and related-party transactions by shareholders, to prevent abuse of shareholder rights. Clarifies responsibilities and obligations of major shareholders in risk disposal, information reporting, capital supplementation, and shareholder rights negotiation. Measures take effect immediately.…
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India – FIA Short Selling Gvt Securities

On 4 October 2021, IND FIA updated on eligible liquid securities for the month of October 2021. IND FIA updated on the eligible securities for the short selling of the Government of India liquid securities applicable for the month of October 2021, from 4 October to 3 November.
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S Korea – FSS Equity Disclosure Violations

On 8 October 2021, SK FSS focused on types of equity violations committed. SK FSS focused on types of equity disclosure violations being committed recently. Aim to promote proper disclosure, so that investors receive transparent information. Follows SK FSS 30 June 30, 2020 revisions to corporate disclosure standards effective from 6 July 2020, 30 August…
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