On 23 November 2020, UK FCA issued update email on notifications under DTR5. UK FCA announced change to the way in which investors must submit the standard form for notification of major shareholdings (TR-1 form) under Disclosure Guidance and Transparency Rules Chapter 5 (DTR5); the change will be introduced in Q1 2021. FCA want to […]
On 27 November 2020, UKP issued Commons 3rd sitting, compilation of committee debate sittings so far, both as at 26 November 2020, and notices of amendments at 27 November 2020. Also issued chairs’ provisional selection, grouping of amendments, and all proceedings up to 26 November 2020 at public bill committee stage, both dated 27 November […]
On 23 November 2020, UAE GVT allowed for 100% foreign ownership of firms. UAE GVT presidential decree relaxed limits on the foreign ownership of onshore firms. As announced by media reports; decree is meant to strengthen UAE’s global status. Follows DIFC Courts, FDI partnership to boost foreign direct investment. Amendments to Corporate Law Amended UAE […]
On 19 November 2020, Thai SEC consulted on takeover regulation amendments. Thai SEC issued consultation on the revision of regulations for securities takeovers. Amendments Revised takeover regulations to reduce filing channels and increase flexibility for those making a tender offer for all securities of a business and related parties Currently data for tender offers must […]
On 18 November 2020, EU ESMA issued notification thresholds for sovereign issuers.
On 17 November 2020, SEC adopted rules on electronic document submission. SEC adopted rule amendments to Regulation S-T, Rule 302, under 17 CFR 232.302. To permit electronic signatures when executing many SEC authentication documents. Amended electronic data, gathering, analysis, retrieval system (EDGAR) filer manual. Part of series of initiatives designed to modernize and strengthen agency’s […]