On 29 April 2026, SK FTC designated groups re disclosure and cross-shareholding. SK FTC designated 102 corporate groups with total assets of KRW 5trn or more (3,538 affiliated firms) as being subject to disclosure requirement, effective 1 May 2026. It also designated 47 corporate groups with total assets of KRW 12trn or more (2,088 affiliated…
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About: Anna Monteiro
Recent Posts by Anna Monteiro
Germany – BaFin Inappropriate Advertising Prohibition
On 24 April 2026, GE BaFin ordered UniCredit to cease its takeover adverts. GE BaFin had ordered UniCredit SpA to refrain from its inappropriate advertising in connection with the takeover process of Commerzbank AG, containing sensationalist and inaccurate statements about the current financial situation of Commerzbank AG. Order Summary With the order, GE BaFin exercised…
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4 May 2026 – U.S. SEC Fines Company for Inaccurate Schedule13D
4 May 2026 – U.S. SEC Fines for Late Beneficial Ownership Disclosure
4 May 2026 – U.S. SEC Fines Musk and Revocable Trust for Failure to Report Major Shareholding
U.K. – FCA Confirms New Short Selling Regime
On 24 April 2026, UK FCA issued Handbook Notice 140 which also contains the Short Selling Rules Sourcebook Instrument 2026 (FCA 2026/16), first issued 16 April 2026. Background: From 13 July 2026, existing exemptions for market making in UK sovereign debt will no longer apply, but FCA's emergency powers will continue to cover these instruments.…
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