On 13 September 2023, House FSC chair on investment oversight and US security. House chair McHenry remarked on CFIUS oversight and national security, FSC hearing. US Treasury published Assistant secretary for investment security Paul Rosen remarks. Follows House September 2023 notice of hearing scheduled for September 2023. Hearing Overview House FSC hearing entitled Oversight of…
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15 September 2023 – China CSRC Fines for Major Shareholding Reporting Failures
China CSRC Fines for Major Shareholding Reporting Failures
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Taiwan – FSC Cross Shareholding Rules
On 13 September 2023, TAI FSC regulated cross shareholding by financial firms. TAI FSC, TAI Justice stipulated rules on article 28 of Securities and exchange act. TAI FSC also published letter to abolish relevant previous order as well as letter. Order Cross-shareholdings are strictly prohibited according to Financial holding company act. If an originally listed/OTC…
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S Korea – Rulefinder Alerts to New Short Selling Bans
On 14 September 2023, aosphere's Rulefinder solution alerted to new temporary short selling bans in S Korea issuers. Effective: Short selling bans are in effect for said issuers for one trading day on 15 September.
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13 September 2023 – U.S. SEC Fines for Failure to Report Major Shareholding
U.S. SEC Fines for Failure to Report Major Shareholding</a
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Japan – SESC 2022 Disclosure Inspection
On 10 September 2023, JPN SESC issued disclosure inspection casebook for 2022. JPN SESC published the latest issue of findings in the disclosure inspection casebook. Document dated 31 August 2023, received from SESC September 10, summarized September 12. Follows JPN SESC Sep. 2022 published disclosure inspection casebook. Casebook Includes JPN SESC's recent disclosure inspection efforts,…
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