On 27 December 2022, ESP GVT issued Royal Decree - Law (RDL) 20/2022 extending the temporary FDI controls. Purpose Measures to support citizens and companies regarding energy, food, transportation, the gas-intensive industry, economic and financial stability and social protection. Further extension by 2 years of the temporary foreign direct investments (FDI) control procedure which will…
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France – Gov’t Extends Lowered Threshold for Foreign Investment
On 24 December 2022, FR GVT issued decree no. 2022-1622 of 23 December 2022, extending the temporary lowering of the control threshold for foreign investments in companies. Whose shares are admitted to trading on a regulated market from 25% to 10%. The measure is extended for an additional year, from 31 December 2022, to 31…
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Finland – FIN CMP Merger / Takeover Notification Threshold
On 29 December 2022, FIN CMP lowered merger / takeover notification threshold from 2023. FIN CMP lowered notification threshold for mergers and acquisitions from 1 January 2023. Means harmful market concentration can be prevented more effectively than before. Follows FIN CMP November 2022 consulted on draft acquisitions /takeovers guidelines. Overview The changed law aims to…
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U.K – FCA Updated Short Selling List of Exempted Shares
On 28 December 2022, the FCA published its updated list of exempted shares under the UK Short Selling Regulation. Effective: 1 January 2023
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Portugal – CMVM Analyze Short Selling Supervision Report
On 14 December 2022, POR CMVM issued summary of decisions of meeting of Dec 5 and 7. Board approved and authorized publication of Final Report of public consultation on AI. Analyzed Quarterly Short Selling Supervision Report for period from Aug-Oct 2022. Re suitability of members of governing bodies and entities subject to supervision, approved sending…
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Germany – BaFin Voting Rights Notification
On 22 December 2022, GE BaFin issued on significant voting rights notification. GE BaFin issued details on mandatory notification re significant voting rights' changes. Mandatory Notification Natural, legal persons must notify the amount of voting rights in listed companies. As soon as they reach, exceed or fall below one of the threshold values through the…
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