On 24 June 2024, the Stock Exchange of Thailand (SET) announced short selling and program trading regulations commencing on 01 July 2024. These amended regulations include: Qualifications of securities eligible for short selling: the minimum 3-month average market capitalization requirement for the non-SET100 securities will be raised to THB 7.50 billion. Additionally, 12-month average monthly…
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S Korea – FSC, FSS Unfair Trade Response
On 24June 2024, SK FSC, SK FSS held unfair trade investigation meeting. Follows SK FSC June 2024 approved its organizational restructuring. Key Points Discussed measures to strengthen inter-institutional cooperation according to the increase in SK FSC's investigation personnel, diversify disciplinary means for unfair trades and strengthen punishment, as well as improve investigation efficiency. SK FSC…
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S Korea – FSC, FSS Foreign Investor Accounts
On 21 June 2024, SK FSC, FSS issued status of foreign investors' accounts. SK FSC, SK FSS, KRX published the results of inspection on investment accounts opened by foreign investors since the abolition of investment registration certificates. Follows SK FSC, FSS December 2023 issued measures for foreign investors. Inspection Results Since 14 December 2023, foreign…
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South Korea – FSC Disclosure on Net Positions
On 21 June 2024, SK FSC proposed revisions re disclosure on net positions. SK FSC proposed revisions to Enforcement decree of the financial investment services and capital markets act, to strengthen the criteria for disclosure on net positions. To oblige disclosure on net positions, where the net position ratio is more than 0.01% (excluding less…
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Hong Kong – SFC Takeover Table Updated
On 24 June 2024, the SFC updated the Takeover table. added offeror to Southwest Securities International Securities Limited (stock code: 0812)
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Japan – Govt Issues Consultation on Sensitive Industries
On 19 June 2024, the Ministry of Finance, Ministry of Economy, Trade and Industry, and Ministry of Land, Infrastructure, Transport and Tourism launched a public consultation on the draft amendment to the core business sectors of the Foreign Exchange and Foreign Trade Act to secure stable supply chains. Submissions may be submitted: by mail: 3-3-1 Kasumigaseki,…
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