On 21 June 2022, SEBI imposed a monetary penalty on Tamarind Capital Pte Ltd under the provisions of section 15H(ii) of the SEBI Act for its violations of the provisions of Regulation 3(1) of the Substantial Acquisition of Shares and Takeovers Regulations. Tamarind Capital acting in concert with Jasmine Capital Investment acquired voting rights by […]
On 1 July 2020, FR AMF reported on data strategy and data on short selling. FR AMF updated its data strategy with the public release of data on short selling. Background In December 2020, FR AMF created a new department in charge of data and supervision to make greater use of data to better analyze […]
On 5 July 2022, Rulefinder identified a temporary short selling ban in issuers in S Korea.
On 28 June 2022, IND NSD issued operational guidelines for capturing reasons for all types of encumbrances and details of ultimate lenders in the depository system. Applicable where shares are pledged in favor of the trustee by the promoters. Specified reasons for encumbrance and codes; system will be ready on 1 July 2022. Background: In […]
On 30 June 2022, AST FIRB announced 2022-23 foreign investment application fees have been indexed and issued guidance containing fee schedule and other information. The revisions apply to applications made and notices given from 1 July 2022.
On 29 June 2022, NLD GVT issued letter on ABN AMRO and BNP Paribas. Minister of Finance Kaag sent a letter dated 29 June 2022 to Parliament, responding to reports about a possible takeover of ABN AMRO by BNP Paribas. Advises he has submitted a confidential letter to the Standing Committee on Finance, as per […]