On 11 November 2020, UKP issued bill on national security and investments. UKP said national security and investments bill 2019-21 had first commons reading. UK GVT issued statement of policy intent, impact assessment, regulatory policy committee report, memos on human rights, delegated powers and regulatory reform committee, plus factsheets on overview of bill and the […]
On 6 November 2020, JPN FSA issued its list of good examples re disclosures for 2020. Based on examples cited by investors and analysts during a study session, the focus areas for this year are disclosures associated with Covid-19 and ESG. Re Covid-19, disclosures cover areas including operating strategies, business risks, management discussion and analysis, […]
On 5 November 2020, IND SEBI issued rules on enhancement of limits. SEBI issued circular on enhancement of overseas investment limits for mutual funds. In partial modification to clause 1(b) of circular SEBI/IMD/CIR No.7/104753/08 from September 2007 and clause 2 of circular SEBI/IMD/CIR No.2/122577/08 from April 2008. Enhancements Mutual funds can make overseas investments subject […]
On 4 November 2020, the Swedish regulator, Finansinspektionen issued a fine for late reporting of transactions in shares. F. Holmström Fastigheter AB shall pay a penalty of SEK 1650,000
On 2 November 2020, FR AMF updated guidance page on the EU regulation on short selling. Including updated excel file containing the history of net short positions made public.
On 28 October 2020, UK FCA issued guidance on net short position reporting. UK entered transition period on 31 January 2020, which ends at 11pm on 31 December 2020. During the transition period, the EU short selling regulation (regulation (236/2012) (SSR) continues to apply in UK, including the market making exemption. Current Reporting Obligations During […]