Category Archives: News

Turkey – CMB Short Selling Prohibition

On 1 March 2026, TUR CMB issued new bulletin on decisions by the board. TUR CMB issued bulletin 2026/11, Dec 11/417 concerning certain measures that have been taken to limit potential effects of geopolitical tensions and conflicts. Overview Taking into account developments occurring in TUR EXC markets and within framework of art 1 Capital Markets…
Read more

U.S. – SEC Holding Foreign Insiders Accountable

On 27 February 2026, SEC adopted rule on holding foreign insiders accountable. SEC adopted final amendments to its rules and forms to reflect the disclosure requirements of recently enacted Holding foreign insiders accountable act (HFIA Act). Also published fact sheet on final rule, Chairman Atkins and Uyeda statements. Follows Senate enactment of S.1071, which included…
Read more

Egypt – FRA Issued Rules on Securities Lending Operations

On 24 February 2026, EGY FRA issued rules on securities lending operations EGY FRA issued Resolution 365 of 2026 regulating securities lending operations for the purpose of short selling. Overview Establishes a comprehensive framework governing centralized securities lending through Misr for Central Clearing, Depository and Registry (MCDR). Defines key participants, borrowing client, lending client, brokerage…
Read more

Germany – BaFin Takeover Administrative Practice

On 20 February 2026, GE BaFin opened consultation on draft practice circular. GE BaFin opened consultation 1/2026 regarding the draft of Circular xx/2026 (WA)- Administrative practice on takeover law. Purpose Circular outlines GE BaFin's existing administrative practice regarding takeover law. It consolidates previously published information on takeover law including the Information Sheet-Interpretation of Section 35…
Read more

Hong Kong – SFC Action on Giordano Takeover

On 16 February 2026, HK SFC discussed settlement involving liability up to HKD 1.5bn. HK SFC announced a settlement with Sino Wealth International Limited and Clear Prosper Global Limited for breaches of the codes on takeovers and mergers and share buy-backs in relation to dealings in shares of Giordano International Limited. Outline of Settlement HK…
Read more