Monthly Archives: April 2022

Hong Kong – SFC Position Limit Regime Change

On 26 April 2022, HK SFC proposed changes to the position limit regime. HK SFC issued consultation paper on proposed changes to the position limit regime. Proposed changes address recent developments in Hong Kong's securities and futures markets, and align the requirements with HK SFC’s regulatory policies and objectives. Follows May 2017, HK SFC said…
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France – Gvt Public Takeover of Companies

On 23 April 2022, FR GVT issued order approving public equity investments. FR GVT issued order approving acquisition of shares in 2 companies by The Paris Mint. Also order of 12 April 2022 approving an endowment of €10mn for Monnaie de Paris. Equity Investment Order of 13 April 2022 approved equity investments by public institution…
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Poland – FSA Fines for Late Shareholding Reporting

On 22 April 2022, POL FSA announced penalty for improper share disclosure. POL FSA issued a decision made on Mar. 25, 2022 imposing a fine of PLN 770,000 on Waldemar Kosinski when acting with managerial responsibilities for Termo2Power SA.   Case Background Waldemar Kosinski failed to fulfill the obligations on the notification of transactions he…
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