On 8 June 2021, the Swedish regulator, fined TP Lindqvist Holding AB SEK 25,000 for late shareholding disclosure reporting for shares in Nobia AB to the Swedish Financial Supervisory Authority.
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New Zealand – GVT Foreign Investment Policy
On 8 June 2021, NZ GVT guided foreign investment policy, national interest. NZ PRL issued guidance on the foreign investment policy and national interest. The government welcomes sustainable, ,and inclusive overseas investment. However, it can also pose risks as high levels of foreign ownership can cause conflicts. Guidance includes information on how the overseas investment…
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Mexico – MEX GVT Foreign Investment Rules
On 3 June 2021, MEX GVT issued draft rules on procedures re investments. MEX GVT Conamer issued draft agreement amending rules on foreign investments. Follows MEX GVT June 2020 draft rules on procedures before registry. Overview Aims to permanently offer promoters use of email as additional option for presentation and monitoring of legal procedures in…
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U.S. – FINRA Enhanced Short Selling Reporting
On 4 June 2021, FINRA requested comment on short selling reporting changes. FINRA requested comment on potential enhancements to short selling reporting program. Proposed enhancements to its short interest position reporting rules. Short Sale Reporting Proposal Modifications proposed to FINRA short interest reporting requirements, to consolidate publication of short interest data reported to FINRA for…
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India – RBI Foreign Portfolio Investors
On 31 May 2021, IND RBI outlined the applicable investment limits for FY 2021-22. Limits for FPI investment in G-Secs and state development loans remains unchanged at 6% and 2% respectively, of outstanding stocks of securities for FY 2021-22. As hitherto, all investments by eligible investors in the specified securities shall be reckoned under the…
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E.U. – ESMA FAQs on UCITs, SFTR, Reporting
On 28 May 2021, ESMA issued FAQs on UCITs, SFTR reporting and others. ESMA announced updated questions and answers on a number of topics. Updated FAQs AIFMD; UCITS; EMIR implementation; MiFID II and MiFIR investor protection topics. Also on MiFIR data reporting topics; SFTR reporting; on implementation of CSDR. And on sustainability-related disclosures for benchmarks;…
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