On 5 June 2025, the SFC updated its Takeover table to include the following: offer period for PT International Development Corporation Limited (Stock Code: 0372) closed on 5 June 2025.
Read more
Germany – Shareholding Reporting Naming Convention
On 2 June 2025, GE Bundesbank issued file naming conventions for NExt specialist. Supervisory Notifications, Reports: Uploading Documents to reporting work area. Notification regulations under Payment Services Supervision Act (ZAG), Securities Trading Act (WpIG), Banking Act (KWG) alllow it to convert notification, reporting, filing obligations, previously fulfilled by paper-based submissions, to electronic filing format. Implementation will…
Read more
S Korea – FSS Improve Capital Markets System RE: Short Selling
On 28 May 2025, SK FSS shared capital market innovation achievements and plans. For a balance between corporate financing and investor protection, SK FSS will conduct priority review on paid-in capital increase in a consistent manner, evaluate the status of the priority review system for improvement, strengthen communication with firms. For a sound shareholder activism…
Read more
Romania – ROM ASF Entity Acquisition/Takeover Criteria
On 28 May 2025, ROM ASF published draft law on acquisition assessments. ROM ASF issued draft regulation amending Reg 3/2016 on criteria and procedure for assessment of acquisitions/takeover and shareholding increases in FSA-regulated entities. Purpose Clarify assessment processes for acquisitions/takeovers, increases in shareholding in regulated entities. Aligns and harmonizes Reg 3/2016 to provisions of ESAs…
Read more
Hong Kong – SFC Updated its Takeover Table
On 30 May 2025, the SFC updated its Takeover table to include the following: offer period for Soundwill Holdings Limited (Stock Code: 0878) closed on 23 May 2025.
Read more
Australia – ASIC Fines for Systematic Short Selling
On 14 May 2025, ASIC announced that it is suing Macquarie Securities (Australia) Limited (MSAL), alleging it misreported millions in short selling for over 14 years. alleges that between 11 December 2009 and 14 February 2024, MSAL failed to correctly report the volume of short sales by at least 73 million ASIC estimates this could…
Read more