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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Australia – ASIC Relaxation of Short Selling
On 20 January 2023, AST GVT registered 3rd compilation of ASIC corporations (short selling) instrument 2018/745; shows text of instrument as in force on 7 December 2022. Compilation reflects changes made by ASIC corporations (short selling) amendment instrument 2022/968; the effect of these changes is set out in further detail below. Background: On 6 December…
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Finland – FSA Credit Firm Shares’ Disclosure
On 20 January 2023, FINFSA amended rules on property ownership declaration. FINFSA issued an amendment to regulation 105.2 on declaring the share and property ownership of a credit institution and its consolidation group to reflect the amended legislation so that it will be repealed with regard to the notification of shareholding. Regarding notification of real…
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Rulefinder Alerts to Temporary Short Selling Bans
On 19 January 2023, Rulefinder identified new temporary short selling bans issued in two countries. Effective: temporary short selling bans will be effective 20 January 2023.
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