On 5 July 2021, MLY SCM amended guidelines on compliance function. MLY SCM updated guidelines on compliance function for fund management companies. To ensure there are controls and compliance established towards ensuring investor protection and market confidence, and activities are in compliance with requirements. Amendments Amend paragraph on disclosure, to remove requirement to disclose interest […]
On 2 July 2021, VIE SEC issued circular on activities in the stock market. VIE SEC informed of VIE GVT circular guiding the obligations of organizations and individuals on foreign investment activities on the Vietnamese stock market. Circular Guides the implementation of article 138 of decree no. 155/2020/ND-CP, detailing the implementation of the law on […]
On 1July 2021, DEN CRG issued guidance on investment screening rules. DEN CRG announced new rules on investment screening entered into force on 1 July 2021. For screening of foreign direct investments and special economic agreements in DEN. Foreign investors must therefore in some cases apply for permit for/notify investments and agreements with Danish companies/entities […]
On 30 June 2021, aosphere LLP’s Rulefinder reported that Italy has extended its FDI controls until 31 December 2021. FDI controls were due to expire on 30 June 2021.
On 28 June 2021, SWE FI fined Squarepoint SEK 2mn for late short selling reporting. Squarepoint Ops LLC receives a fee for late short registration in 20 different issuers. Its short net positions in shares in 20 different issuers on 138 occasions reached or fell below relevant thresholds for reporting; for which it must pay […]
On 17 June 2021, the Enforcement Committee fined Consellior SAS €80,000 for filing late reporting of its disposals of Baccarat shares and for a late declaration of a change in intention regarding the tender of its shares to the ongoing bid. Baccarat was the target of a public takeover bid at the time. Consellior SAS […]