Monthly Archives: November 2021

Germany – BaFin Derivative Position Limits

On 25 November 2021, GE BaFin removed limits on commodity derivatives. GE BaFin said it has removed the majority of position limits on commodity derivatives. Follows EU February 2021, MiFID quick fix Dir 2021/338 on Covid recovery. Also follows GE GVT Jun. 2021 law implementing EU crowdfunding rules. Key points Decision follows changes to MiFID…
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India – SEBI T+1 Rolling Settlement Basis

On 25 November 2021, IND NSE issued settlement parameters and reports structure. Securities under T+1 settlement shall be cleared and settled with settlement type and number distinct from settlement type and number for securities with T+2 settlement. Settlement number for T+1 settlement shall be distinct from T+2 settlement; actual settlement calendar shall be available as…
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Bahrain – CB Mergers, Takeovers and Acquisitions Module

On 17 November 2021, BHR CB proposed to amend take-overs, mergers module. BHR CB proposed amendments to take-overs, mergers and acquisitions (TMA) module. Revised provisions relate to independent advice, issuance of documents, settlement of consideration and share transfer, restrictions on dealings before and during offer. As well as offer timetable, compulsory acquisitions and delisting, among…
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