On 27 February 2024, LUX CB informed of foreign direct investment survey. LUX CB issued documentation for the foreign direct investment (FDI) 2023 survey. Main Points The FDI survey applies to all resident credit institutions that have direct investment relationships with their investors abroad or their non-resident affiliates or branches. The forms, duly completed and…
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4 March 2024 – Turkey CMB Fines for Substantial Shareholding Violation
Turkey CMB Fines for Substantial Shareholding Violation
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3 March 2024 – Turkey CMB Fines for Short Selling Violation
Turkey CMB Fines for Short Selling Failure
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1 March 2024 – U.S. SEC Fines for Major Shareholding Reporting Failure
U.S. SEC Fines for Major Shareholding (SEC 13D) Reporting Failure
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Switzerland – FinMIA Substantial Shareholding Portal Goes Live
On 4 March 2024, the new OLSdigital online platform for investors (and issuers) to submit their substantial shareholding disclosure notifications under FinMIA goes live. Background substantial shareholding disclosures to the Disclosure Office of SER and to the issuer OLSdigital filing platform can be found here
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Poland – FSA Substantial Shareholding / Short Selling Forms
On 1 March 2024, substantial shareholding and short selling forms must be submitted to the Poland FSA in electronic format. Background: August 2023, the FSA alerted the move to electronic forms for substantial shareholding and short selling Links to electronic forms for substantial shareholding and short selling Link to Substantial Shareholding User Manual
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