Recent Posts by Anna Monteiro

HK – SFC Charges 4 with Illegal Short Selling

On 23 June 2023, HK SFC said 4 people charged for illegal short selling. HK FSC said 4 suspects who were charged with securities fraud and illegal short selling appeared at the Eastern Magistracy; the case will be adjourned to Aug. 18, 2023. Discovered their suspicious trading activities during joint operation with the police. The…
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Australian – Gvt – Foreign Investment Registration

On 26 June 2023, AST FIRB announced that the new register to notify the Australian government of foreign investment actions taken will be introduced on 1 July 2023. The new register will hold details of foreign ownership of Australian assets, including residential land, commercial land, agricultural land, water interests, mining and exploration tenements, and some…
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Sweden – FSA Fines for Failure to Report Short Selling

On 26 June 2023, Sweden's FSA fined Modelio Equity AB  for failure to report short selling. Modelio Equity AB failed to report threshold breaches in short selling on four separate occasions. Modelio crossed or fell below relevant reporting thresholds. Modelio has been ordered to pay a special fee of SEK 2.5M.
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Singapore – GVT Foreign Company Exemption

On 21 June 2023, SIN GVT issued exemption from section 379 regulations. SIN GVT published the Companies (listed foreign companies - exemption from section 379) regulations 2023 in the gazette, which come into operation on Jun. 28, 2023. Section 379 of the act requires a foreign company to maintain a register of members. Exemption A…
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