On 14 January 2019, CSAFE increased total foreign institutional investor. In order to meet the needs of foreign investors to expand investment in market.Qualified foreign institutional investors increased from US$150bn to US$300bn.The QFII system is the earliest and most important institutional arrangement for China's capital market to open to the outside world, for foreign investors.From…
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Hong Kong – SFC Takeovers Table Updated
On 15 January 2019, the offer period for Sinotrans Shipping Limited (Stock Code: 368) was closed.
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Canada – OSC Streamline Disclosures
On 14 January 2019, OSC consulted on actions to reduce regulatory burdens. Consulted Ontario market participants on ways to reduce the regulatory burden.By eliminating rules and requirements, that are outdated or unduly burdensome.Suggested AreasOperational changes, for rules that may have become outdated or unnecessary.Opportunities to streamline and improve disclosure that is provided to investors.Noted investors…
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Italy – Further Update on Short Selling Ban
On 11 January 2019, Italy CB announced the ECB administration of Banca Carige spa.
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Hong Kong – SFC Takeovers Table Updated
On 10 January 2019, the offer period for Geotech Holdings Ltd. (Stock Code: 1707) was closed .
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Portugal – CMVM Takeover Bids Regime
On 31 December 2018, CMVM analyzes takeover bids regime for OECD study. OECD published a report Flexibility and proportionality in corporate governance which includes a contribution by CMVM on the Portuguese takeover bids regime.Focuses on operations carried out after the transposition of Directive 2004/25/EC.Seeks to show adaptability of current regime to different realities of companies.
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