On 20 January 2025, DEN FSA consulted on draft executive order on takeover bids. Order previously subject to consultation from 8 January 2024 to 20 February 2024. Amended draft incorporates further changes due to the adoption of the Omnibus Directive and the EU reg on European points of single contact (ESAP). Publication of order postponed […]
SEBI Fines 10 for Substantial Shareholding Reporting Failures
On 19 January 2025, SK FSS, KRX proposed short selling guideline, regulations. SK FSS, KRX issued the final draft of the Integrated short selling guidelines while promoting conversion of the related administrative guidance into detailed regulations. In addition, proposed KRX regulations and detailed regulations on short selling. Follows SK FSS June 2024 proposed short selling […]
On 17 January 2025, SK FSS proposed revisions to improve short selling system. SK FSS proposed revisions to Detailed regulations on financial investment business. Follows SK FSC June 2024 launched short selling reform measures. Overview of Proposed Revisions Stipulate requirements that companies intending to engage in short selling must fulfill in terms of internal control […]
On 14 January 2025, UK Treasury issued the Short Selling Regulations 2025. UK Treasury issued The Short Selling Regulations 2025 (StIn 2025/29), providing for short selling of shares, other financial instruments, transactions similar to short selling. On same day, UK Treasury issued law and memo on UK FCA supervision. Purpose When the UK left the […]
On 8 January 2025, PAK SEC issued proposal re listed companies takeover regs. PAK SEC issued consultation paper seeking feedback on improvements to Listed companies (substantial acquisition of voting shares and takeovers) regulations 2017. Aims to strengthen takeover transactions of listed companies’ framework by enhancing transparency, introducing measures for safeguarding rights of minority shareholders. Follows […]