On 7 March 2025, NLD ACM launched investigation into takeover of Ziemann. NLD ACM announced that it had launched an investigation into the recent takeover of the Dutch branch of the German Ziemann by the cash transport company Brink’s. Summary These specialist companies transport cash to, for example, ATMs and physical stores on behalf of […]
On 6 March 2025, FIN TEM appointed working group to prepare reform of takeover act. FIN TEM appointed cross-sectoral working group to prepare the reform of the Act on the monitoring of foreign corporate acquisitions in line with the government program. Assessment memorandum on the need for reform was completed on 5 February 2025. Working […]
On 7 March 2025, Thai SET proposed to amend short selling regulations. Thai SET proposed to revise regulations re: short selling, high-frequency trading (HFT). Follows Thai SET June 2024 revised regulations to enhance supervision. Background Following the implementation of the revised regulations on short selling, HFT the uptick rule has not had a positive effect […]
SEBI Fines Substantial Shareholding Reporting Failures
On 6 March 2025, SK FSC said legal revisions to improve the short selling system were completed with approval of revisions to Regulations on financial investment business. Plus, revisions to KRX’s Market surveillance regulations, during its meeting on 5 March 2025. SK FSC will verify the computer system until the effective date, i.e. 31 March […]
On 3 March 2025, PAK SEC notified that all unlisted firms newly incorporated from 3 March 2025 shall hold and issue shares in book-entry form only, not in physical form. The notification specifies CDS-issued documents, relevant returns on the prescribed form notifying detail of changes in shareholding that the unlisted firms must attach. PAK SEC […]