On 5 March 2024, Thai SET issued rules on period for disclosing information. Thai SET revised time for disclosing information, following extended afternoon trading. Revisions Period for disclosure during intermission will be 12.30-13.00, instead of 12.30-13.30. This will enable investors to receive sufficient information for their decision making. A listed company shall disclose information without…
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S Korea – FSC, FSS Shore Up M&A Disclosure
On 4 March 2024, SK FSC, SK FSS proposed revisions re corporate mergers. SK FSC and SK FSS proposed revisions to Enforcement decree of capital markets act. Also Regulations on issuance and disclosure of securities, to protect rights of general shareholders in the M&A process, improve global consistency of the merger system. Follows February 2024…
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Taiwan – FSC SITCA Major Shareholders Platform
On 1 March 2024, TAI Trust informed members that TAI FSC encouraged the use of responsible person and major shareholder information inquiry platform of TAI DCC.
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Denmark – Gvt Published Updated Capital Markets Act (Takeover)
On 1 March 2024, DEN GVT published updated version of capital markets act. DEN GVT published an updated version of the Capital Markets Act, building on previous legislation that applies to all of the actors and their behavior on the capital markets. Changes are in LBK 198/2024 of 26 February 2024, building on LBK 42…
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Luxembourg – CB Foreign Direct Investment Survey
On 27 February 2024, LUX CB informed of foreign direct investment survey. LUX CB issued documentation for the foreign direct investment (FDI) 2023 survey. Main Points The FDI survey applies to all resident credit institutions that have direct investment relationships with their investors abroad or their non-resident affiliates or branches. The forms, duly completed and…
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Switzerland – FinMIA Substantial Shareholding Portal Goes Live
On 4 March 2024, the new OLSdigital online platform for investors (and issuers) to submit their substantial shareholding disclosure notifications under FinMIA goes live. Background substantial shareholding disclosures to the Disclosure Office of SER and to the issuer OLSdigital filing platform can be found here
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