Category Archives: News

Singapore – MAS Shareholding Disclosure FAQs

On 2 August 2022, SIN MAS issued FAQs to disclose interest in listed security. SIN MAS issued revised FAQs on disclosure of interests in listed securities, under SFA. Securities And Futures Act SFA, Part VII (disclosure of interests), imposes obligations. Scope Applies to director or CEO of a listed corporation (except a foreign corporation with…
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S Korea – FSC Illegal Short Selling Measures

On 28 July 2022, SK FSC issued new detection and punishment measures. SK FSC announced measures to strengthen detection and punishment of illegal short selling, and enhancing a short selling related system jointly with related organizations. Follows SK FSC December 2020 updated on passage of illegal short-selling bill. Meeting SK FSC Chairman Kim Joo-hyun presided…
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Luxembourg – CSSF Takeover Bids Law

On 24 July 2022, LUX CSSF published consolidated law on takeover bids. LUX CSSF published consolidated version of law of 19 May 2006, dated 20 July 2022. The law transposes EU directive 2004/25/EC of 21 April 2004 on takeover bids. Applies to takeover bids for securities of companies governed by laws of EU member states…
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