On 23 November 2022, IND CDSL, IND BSE, IND NCL, IND NSE, IND ICCL, IND MSE, and IND NSDL said the transition to T+1 settlement cycle will now be done in single batch. In January 2023, in case of all stocks for which derivatives are available, for efficiency. Exchanges will thus revise the original schedule […]
On 22 November 2022, GE BaFin fined Carne Global Fund Managers for breach. GE BaFin fined Carne Global Fund Managers (Luxembourg) SA €382,000 for violations of section 33 (1) sentence 1 (shareholdings reporting) of the German Securities Trading Act (WpHG). The fine was imposed because Carne Global Fund Managers did not submit its voting rights […]
On 18 November 2022, JPN METI launched a study group on fair acquisitions. JPN METI set up a study group on ideal approach to fair acquisitions / takeovers, held meeting. Aim to consider matters incl. conduct/stance of relevant parties in relation to takeover proposals and ideal takeover defense measures, to develop a fair M&A market. […]
The Cyprus Stock Exchange has issued a new form for substantial shareholding disclosure reporting.
On 16 November 2022, PHI EXC consulted on listing, disclosure, trading rules. PHI EXC issued a consultation paper titled proposed amendments to the consolidated listing and disclosure rules and revised trading rules (2022 amendments – part II). Consultation paper proposes numerous changes to consolidated listing and disclosure rules (consolidated rules); also proposes an amendment to […]
On 16 November 2022, UK GVT stated that the National Security Bill has reached its final stage in House of Commons and is about to pass to House of Lords, as it moves towards becoming law.