On 26 May 2025, TAI FSC, TAI Justice stipulated rules under Securities and exchange act, Standards governing eligibility of securities for margin purchase and short selling. In addition, TAI FSC stipulated rules for the amount limits, periods, financing ratios, and margin percentages for margin purchases and short selling in securities trading. Following reversion of intraday…
Read more
China – CB, CHI SAFE Foreign Listing Funds Re: Shareholding
On 23 May 2025, CHI CB, CHI SAFE proposed measures re overseas listing. CHI SAFE, CHI CB proposed Notice on issues concerning management of funds for overseas listing of domestic enterprises, to facilitate cross-border financing for firms. Background CHI CSRC has transitioned from approval-based to filing-based regime for overseas listings and full circulation of H-shares;…
Read more
U.K. – Gov’t State-owned Investment Limits Re: Media
On 15 May 2025, the UK parliament announced plans to introduce a 15% cap (share or voting) threshold for state-owned investment (SOI) by foreign states in UK media. attempts to balance investment against foreign state influence or control SOI includes sovereign wealth and public pension or social security schemes
Read more
Philippines – CB Rural Bank of San Juan Banned Re: Takeover
On 16 May 2025, PHI DEP announced that depositors of the closed Rural Bank of San Juan (Southern Leyte) have until 29 May 2025 to file their deposit insurance claims. Under the PHI DEP charter, depositors are given two years from the bank's takeover (on 29 May 2023 as detailed above) to file deposit insurance…
Read more
SK – FSC Resumption of Short Selling
On 20 May 2025, SK FSC issued minutes of the first interim meeting held on 21 March 2025, to discuss short selling resumption measures and computerization status.
Read more
U.K. – CMA Aviva, Direct Line Takeover Probe
On 14 May 2025, UK CMA launched inquiry Aviva purchase of Direct Line. UK CMA is investigating the anticipated takeover by Aviva plc of Direct Line Insurance Group plc, to assess whether it may be the case the transaction will result in creation of a relevant merger situation under Enterprise Act 2002 merger provisions. Takeover…
Read more