On 30 September 2019, Thai SEC updated on conditions for a tender offer. Regarding rules, conditions and procedures for securities acquisition for a takeover. Adds to the third paragraph of clause 11 of the notification of the capital market regarding rules, conditions and procedures for the acquisition of securities May, 2011. Clause 11 states that […]
On 18 October 2019 SK FSC tightened regulation on short-selling violation. FSC introduced measure to strengthen regulations on violation of short-selling rules. Revisions The proposed revision establishes a new standard to impose penalties for illegal short-selling activities, raising the current imposition ratio by 5 to 15 percentage points. The government also established a regulatory basis […]
Rulefinder reports a temporary short selling ban effective today.
On 21 October 2019, JPN GVT advised re amendment bill concerning FDI. Advised that the Cabinet approved the Amendment Bill of the Foreign Exchange and Foreign Trade Act on 18 October 2019, in relation to foreign direct investment (FDI). Follows JPN METI September 2019 announcement re legal categories revision. Overview Under current rules, investment in […]
On 17 October 2019, House bill on SEC disclosure effectiveness assessment. HR 1815 to require SEC test any new disclosure intended for retail investors under the SEC’s proposed regulation best interest to help better protect retail investors. Disclosure Assessment To require testing of all regulations that may affect retail investor disclosures that are relevant for […]
On 19 October 2019 UKP voted to withhold approval of Boris Johnson’s deal. Follows EC October 2019 statement on recommendation to the Council. UK PM Deal Defeat UKP voted to amend UK GVT’s motion on Boris Johnson’s Brexit deal to withhold parliamentary consent until the withdrawal legislation had completed its passage. Amendment was designed to […]