On 20 July 2020, US spoke on committee on foreign investment (CFIUS). Keynote remarks by US Treasury assistant secretary for investment security, Thomas Feddo, at the American conference institute's sixth national conference on CFIUS. CFIUS is an interagency committee reviews foreign investment transactions in US and certain real estate transactions by foreign persons from national…
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Japan – SESC Fine on Missing Disclosure
On 17 July 2020, JPN SESC recommended disclosed fine on Freesia Macross. JPN SESC recommended a ¥12mn fine against Freesia Macross Co., Ltd., for failing to disclose its trades with its board member in its FY3/17 and FY3/18 securities reports. Having not included the relevant information in its consolidated financial statements. Accordingly, the company violated…
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Temporary Short Selling Ban in Effect Today
Rulefinder reports temporary short selling ban in effect 21 July 2020.
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Cayman – GVT Beneficial Owner Register
On 16 July 2020, CAY GVT issued statement on beneficial ownership register. CAY GVT welcomed UK GVT recognition of work from British overseas territories (BOT). On establishing publicly accessible registers, to disclose company beneficial ownership. Follows UK GVT July 2020 statement on BOT beneficial ownership register. Steps Taken Cayman significantly strengthened and enhanced its beneficial…
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Portugal – CMVM Rejects Futebol Takeover
On 15 July 2020, CMVN board of directors decided to lift the suspension of trading of Sport Lisboa e Benfica shares - Futebol SAD and other related instruments. The suspension was lifted following the disclosure of relevant information.
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Disclosing in Sweden – Take Note
It’s July, so naturally, things are starting to heat up here in the northeastern part of the US. Taking a look back at the first half of the year,...full article.
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