On 9 January 2023, UK GVT updated guidance on UK GVT notification rules. UK GVT updated guidance for investors and businesses on the legal requirement to tell it about sensitive acquisitions / takeovers under national security and investment act (NSIA 2021). Follows UKP November 2020 issued bill on national security and investments. Updated Guidance Content…
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Australia – GVT Foreign Acquisition / Takeover
On 9 January 2023, AST GVT registered 28th compilation of the Foreign acquisitions and takeovers act 1975, showing the text of the act as amended and in force 1 January 2023. Supersedes 27th compilation noted above; issued to reflect changes made by the Treasury laws amendment (2022 measures no. 3) act 2022, which updates figures…
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S Korea Posts New Temporary Short Selling Bans
On 10 January 2023, Rulefinder alerted to new temporary short selling bans in S Korea. These short selling bans will be effective 11 January.
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Italy – Bank of Italy: Qualified Holding Regime Effective 1 January
On 1 January 2023, the Bank of Italy's Qualified Holding regime takes effect. This applies to shareholdings in Italian Banks, SIM, SGR, SICAV and SICAF, financial intermediaries, payment institutions, and e-money institutions.
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Rulefinder Alerts to New Temporary Short Selling Bans
On 4 January 2023, Rulefinder identified new temporary short selling bans in two countries. These temporary short selling bans are effective on 5 January 2023.
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China – CSRC Managing Futures Position Limits
On 30 December 2022, CHI CSRC proposed interim provisions on futures. CHI CSRC proposed interim provisions on position management in the futures market. Interim Provisions Interim provisions are applicable to futures exchanges, futures operating institutions, foreign brokerage institutions, traders as well as other relevant market participants. Require futures exchanges to formulate and adjust position limits;…
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