On 10 January 2022, GE BaFin updated its webpage on substantial shareholdings of voting rights, replacing broken links, and expanding on information previously issued. Reminds users that from 1 July 2020 notifications of changes to voting rights must be in electronic format; transmission to BaFin is via the MVP portal. Users can register with BaFin…
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E.U. – EC Net Short Selling Notification
On 11 January 2022, EU CMSN issued regulation 2022/27 amending regulation 236/2012. As regards adjustment of threshold for notification of significant net short positions. Amends the current short selling notification threshold and sets it permanently at 0.1 %. Regulation in force on 20th day following publication in Official Journal, 31 January 2022.
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Taiwan – Major Shareholding Consultation Issued
On 11 January 2022, TAI FSC proposed amendments re shareholding ratio. TAI FSC proposed amendments to securities and exchange act re major shareholding. Amendments Lower the threshold for the declaration of substantial shareholding, from 10% to 5%. To allow sufficient time to prepare and respond to amendments of relevant supporting laws and regulations, a transition…
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E.U. – ESMA FIRDS Transparency System
On 6 January 2022, ESMA issued instructions on how to download results files. ESMA issued instructions of the Financial Instruments Reference Data System (FIRDS). Entitled as Instructions on how to download transparency results, for FIRDS files V1.4. Version 1.4 of instructions dated Oct. 11, 2021 was updated by EMSA on 6 January 2022. Follows ESMA…
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Germany – BaFin Investments, Securities Data
On 7 January 2022, GE BaFin said documents in database now fully available. GE BaFin said documents in database re investment, securities are now fully available. As of 1 January 2022, it publishes investment, securities information sheets, investment sales prospectuses and their supplements for full access, as pdf on its website. It will keep them…
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U.K. – CMA Jurisdiction Re Mergers
On 4 January 2022, UK CMA issued revised CMA2 guidance to reflect changes to the Enterprise act 2002 brought about by the National security and investment act 2021. In accordance with National Security and Investment Act 2021, s 62 and associated commencement no. 2 regulations, the previous statutory framework and guidance continues to apply in…
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