On 20 January 2023, LEB CB revised rules on credit, shareholding, investment. LEB CB issued Decision No. 13525 (circular 656) to amend Decision No. 7776 of 2001 relating to credit, investment, shareholding, and participation operations. Document dated 20 January 2023 was received from LEB CB on 24 January 2023. Amendments Removed Paragraph 5 of Section […]
On 27 January 2023, IND NSE, BSE completed transition to T+1 settlement. IND NSE, BSE announced the transition to T+1 settlement cycle in equity markets. Follows IND SEBI September 2021 introducing a T+1 rolling settlement cycle. Settlement Stock exchanges, clearing corporations and depositories jointly finalized the roadmap for the implementation of T+1 settlement cycle in […]
On 28 January 2023, Solutions Atlantic released its analysis on Global Shareholding Disclosure Sanctions Year in Review. Read the key findings in this infographic.
On 27 January 2023, Solutions Atlantic released its Global Shareholding Sanctions Year in Review findings. Through an examination of sanctions data from 27 countries here are the key takeaways: India, Germany, Sweden and the USA issued the most global shareholding disclosure fines. Major shareholding reporting failures make up the bulk of the sanctions. Year-over-year the […]
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 […]
On 26 January 2023, Rulefinder identified two countries with new temporary short selling bans. Effective: Temporary short selling bans are effective 27 January.