On 18 December 2024, HKEX introduced a web-based HKEX data marketplace. HKEX introduced web-based HKEX data marketplace to improve access to historical and reference data; features a modern interface as well as multiple delivery channels. Including cloud transfer, along with direct data access for enhanced user convenience. Scope HKEX explained that the initial offerings include […]
On 17 December 2024, UK FB issued blog on recent changes to takeover code. UK Takeover Panel which oversees corporate takeovers under a City Code on Takeovers and Mergers (the Code), confirmed new changes which will reduce the companies affected. Follows UK TO Panel April 2024 issued consultation on code applicability. Changes Overview The main […]
SEC Fines for Breach of Short Selling Rule
On 13 December 2024, ARG CNV modified privatization policy standards. ARG CNV issued General Resolution 1037/2024 to modify standards (NT 2013, mod.). The Resolution modified rules on takeover bids that do not involve changes in control. Highlights Resolution 1037 clarified provisions applicable to Public Acquisition Offers (OPA) within the framework of the privatization policy promoted […]
On 13 December 2024, ARG CNV published substantial shareholdings reporting standards. ARG CNV issued General Resolution 1036/2024 to modify standards (NT 2013, mod.). Modified special reporting regime for substantial shareholding in issuers that qualify as markets under public offering rules, to align with Resolution 1035 amendments. Highlights Requires market shareholders to report to ARG CNV […]
On 16 December 2024, the SEC released the final version of the technical specification for Form 13f-2, the new short selling rule in the U.S. Form 13f-2 needs to be in XML format and submitted to EDGAR 13f-2 short selling rule comes into effect on 2 January 2025 First short selling reporting date will be […]