On 18 October 2021, GRE HCMC issued fines for late position reporting, best execution. The GRE HCMC Board of Directors during its 933rd meeting decided on two fines. Optima Bank Imposed a fine of €10,000 on OPTIMA BANK (former Investment Bank of Greece SA). For violation of the provisions of article 27 par. 1 of…
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Netherlands – AFM MiFID Market Data Guidelines
On 18 October 2021, NLD AFM compliance with ESMA market data guidelines. NLD AFM announced compliance with ESMA guidelines for MiFID2/MIFIR market data. Follows ESMA August 2021 translated guidelines on MiFID II/MiFIR duties. Overview Guidelines will ensure better and uniform application of the MiFID II/MiFIR obligations. The guidelines apply to national competent authorities, trading venues,…
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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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Rulefinder Alerts to New Major Shareholding Form
On 18 October 2021, Rulefinder alerted subscribers to an updated form for reporting major shareholding to the FSA in Iceland.
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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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Slow Third Quarter to Foreign Direct Investment Changes
As expected, it’s been a slow third quarter for changes to foreign direct investment (FDI). Following on from my last update, we’ll start in the AsiaPac region and move westward, read the full article.
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