On 27 May 2022, CHI CB opened bond market to foreign investment. CHI CB, CHI CSRC and CHI SAFE issued a joint notice on further facilitating foreign institutional investors to invest in China's bond market, to open up the bond market. Follows September 2020, CHI CB, CHI SAFE proposed rules re foreign investors. Foreign Investment…
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S Korea – Change in Filing Deadline for Shareholding in Banks
Effective 9 May 2022, the FSC loosened the reporting deadline from 5 days to 10 days for the shareholding 4% threshold in commercial banks. See the FSC press release (in Korean only) for details of the change.
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Rulefinder Alerts to Temporary Short Selling Bans
ON 25 May 2022, aosphere, LLP's Rulefinder identified temporary short selling bans effective 26 May 2022.
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U.K. – LME Position Management Policy
On 19 May 2022, UK LME issued circular on updated accountability levels. UK LME reported changes to accountability levels in relation to position management. Follows UK LME May 2022 proposed rules on OTC metals positions reporting. Overview Notice informs market participants of changes to the single prompt accountability levels and the all prompt accountability levels…
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Switzerland – SECO Screen Foreign Investment
On 18 May 2022, SWI SECO issued investment screening consultation. SWI SECO announced federal council consultation on legislation to screen foreign investment in Switzerland, following Motion 18.3021 Rieder adoption. Follows SWI GVT August 2021, rules on foreign investment control. Overview Federal council is instructed to draft legislation, but it advises against the new law. Believes…
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U.S. SEC Comment Request for Form 13F
On 17 May 2022, SEC published 11 May 2022 request for OMB review of aforementioned information collection, request for comments on revision to Form 13F. Comments and recommendations should be sent within 30 days, by 16 June 2022. Background SEC issued a notice requesting comments on revisions to Form 13F, for institutional investment managers…
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