Category Archives: News

Thailand – SEC Merger, Takeovers, Acquisition Updates

On 1 May 2022, Thailand SEC's notification of tender offer becomes effective. Background: On 30 March 2022, Thai SEC issued criteria for requesting a waiver from a tender offer; and a transaction form and timeline for preparing an opinion on the tender offer. Point to make a tender offer for securities means the holding of…
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Norway – Europalov Short Selling Regulation

On 29 April 2022, Europalov announced EEA Committee decision 146 of 29 April 2022 amending Annex IX (Financial services - short selling notification threshold) to EEA Agreement to include this regulation. Background: Commission Delegated Regulation (EU) 2022/27 of 27 September 2021 amending Regulation (EU) No 236/2012 of the European Parliament and of the Council as…
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Russia – CB Accelerated Share Sale Limit

On 27 April 2022, RUS CB limited foreign depository receipt share sales. RUS CB confirmed, that to maintain financial stability, it ordered professional depository participants to use separate accounting for shares from foreign depository receipts. Follows RUS CB April 2022 explanation ban on foreign depository receipts. Instructions The rules require shares of Russian issuers received…
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