Monthly Archives: July 2018

Singapore Short Selling Changes

Solutions Atlantic has released an amended rule for Singapore short selling reporting requirements. Changes to short selling regime and disclosure obligations in Singapore will take effect in October 2018.
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Germany – BaFin Issues Final Positions Limits MiFID

On 19 July 2018, GE BaFin issued final position limits, taking effect on 20 July 2018. Italian power future (peak), Panamax-TC-Freight Future, Panamax-TC-Freight Option. There were no changes from the draft position limits which were issued in June 2018. Italian power: 5,340,219 MWh for spot month, 1,045,510 MWh for the other months. Panamax: fixed at…
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India – SEBI Primary Investment By FPI

On 13 July, SEBI updated investment by FPIs in primary issuance. SEBI (FPI) Regulations, 2014 mandates that purchase of equity shares of each company, by single FPI or group, shall be below 10% of the total issued capital. Beneficial Owners Rule 23(3) of FPI Regulations requires if same set of ultimate beneficial owners invest through…
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Hong Kong – SFC Amends Codes on Mergers, Takeovers

On 13 July 2018, HK SFC, gazetted amendments to codes on mergers, takeovers. Released consultation conclusions and respondents were generally supportive of proposals, majority of which were adopted with some modifications from feedback. The amended codes which were gazetted on 13 July, will be effective immediately.   Key Proposals from Original Consultation: Increase voting approval…
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