The Federal Council of Switzerland has issued a Consultation which proposes to increase the initial reporting threshold for substantial shareholding from 3% to 5%. Comments must be submitted by 11 October 2024 Send comments electronically (a Word version in addition to a PDF version) to email address: vernehmlassungen@sif.admin.ch Full press release can be found here.
Read more
Hong Kong – SFC Takeover Bulletin Highlights Time to Register in ESS
On 30 September, the SFC issued its September Takeover Bulletin. Highlights: Time to register in the Electronic Submission System (ESS) Quarterly activity on Takeovers
Read more
S Korea – FSS Published Short Selling Guideline
On 25 September 2024, SK FSS published Integrated short selling guideline. SK FSS formulated the Integrated short selling guideline to enable investors to verify the illegality of short selling and launched the customized investor support system. Follows SK FSC, FSS June 2024 launched short sale reform measures. Overview of Integrated Guideline The balance available for…
Read more