On 27 January 2023, IND NSE, BSE completed transition to T+1 settlement. IND NSE, BSE announced the transition to T+1 settlement cycle in equity markets. Follows IND SEBI September 2021 introducing a T+1 rolling settlement cycle. Settlement Stock exchanges, clearing corporations and depositories jointly finalized the roadmap for the implementation of T+1 settlement cycle in…
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Global Shareholding Disclosure Sanctions Year in Review
On 28 January 2023, Solutions Atlantic released its analysis on Global Shareholding Disclosure Sanctions Year in Review. Read the key findings in this infographic.
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Fines for Global Shareholding Disclosure Failures Rise 77%
On 27 January 2023, Solutions Atlantic released its Global Shareholding Sanctions Year in Review findings. Through an examination of sanctions data from 27 countries here are the key takeaways: India, Germany, Sweden and the USA issued the most global shareholding disclosure fines. Major shareholding reporting failures make up the bulk of the sanctions. Year-over-year the…
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S Korea – Improve Regulations for Foreign Investors
On 24 January 2023, SK FSS improved regulations re foreign investors in SKOR. SK FSS announced to improve regulations re foreign investors in the SKOR market, which have acted as obstacles to their investing activities for more than 3 decades. Follows November 2022 SK FSC's attempt to resolve SKOR discount. Improvements Terminate the foreign investor…
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Rulefinder Alerts to New Temporary Short Selling Bans
On 26 January 2023, Rulefinder identified two countries with new temporary short selling bans. Effective: Temporary short selling bans are effective 27 January.
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Sweden – FSA Issues Fine for Late Shareholding Disclosure
On 18 January 2023, the Swedish regulatory authority, the FSA issued a fine against Salnecke Slott AB for late shareholding disclosure reporting.
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