On 30 December 2021, HK SFC fined company, director HKD 20k for offenses. HK SFC stated Wai Chun Holdings Group Ltd and director convicted of disclosure of interests offenses following guilty pleas relating to failure to make timely disclosures. Offenses concern acquisition of interests in Chinese Strategic on five occasions in 2017, which is contravention…
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India – SEBI Foreign Portfolio Investors
On 28 December 2021, IND SEBI approved the amendments to enable SEBI to generate unique registration numbers of FPIs on receiving the basic details of the applicants.
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France – Extension of Foreign Investment Lowered Threshold
On 24 December 2021, FR GVT issued decree no. 2021-1758 extending the temporary lowering of the control threshold for foreign investments in French companies whose shares are admitted to trading on a regulated market, from 25% to 10%. Extended the measure for an additional year, from 31 December 2021 until 31 December 2022.
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Germany – BaFin Post-Trade Transparency
On 28 December 2021, GE BaFin extended MiFIR post-trade transparency date. BaFin extended current transparency regime for further 6 months, until 3 July 2022. Follows GE BaFin December 2020 announced post-trade transparency decrees. Summary MiFIR requires post-trade reporting in real-time/as quickly as technically possible. But allows national supervisory authorities to authorize publication at a later…
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Turkey – New Temporary Short Selling Ban Announced
On 27 December 2021, Borsa Istanbul announced a new temporary short selling ban in shares of Eczacibasi Yatirim Holding Ortakligi A.S. and it also extended the short selling ban in MIA Teknoloji A.S. Effective Date: Starting on 28 December 2021 through 27 Jan 2022.
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Germany -BaFin Commodities Position Limits
On 21 December 2021, GE BaFin sets draft position limit for significant contracts. GE BaFin announced hearing on the setting of a new position limit for Phelix Power DE Future (Base) contracts, Phelix Power DE Option (Base) contracts (EU Enrg EEX). Issued a general ruling to take effect on 28 February 2022 from which date…
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