On 3 June 2024, IND SEBI amended foreign portfolio investor regulations. IND SEBI published the SEBI (foreign portfolio investors) (amendment) regulations, 2024, which make amendments to the 2019 principal regulations on the same subject. The changes aim to streamline the regulatory framework governing FPIs in India. Follows IND SEBI May 2024 issued a new master […]
On 3 June 2024, NOR GVT issued two EEA notes on the potential changes to both MiFID II and MiFIR, setting out the areas for consideration for changes to be made. On MiFID II, NOR GVT set out the change by introducing Directive 2024/790, of 28 February 2024 amending Dir 2014/65, on markets in financial […]
On 3 June 2024, the SFC published the update on takeover table. Takeover offer period for Langham Hospitality Investments and Langham Hospitality Investments Limited (Stock Code: 1270) closed on 31 May 2024.
The Financial Times has reported that a slew of takeover bids in UK Companies has some hedge funds on the wrong side of short selling. Millennium, GLG, and Gladstone are a few hedge funds that were short selling UK companies that are now part of takeover bids. Takeover bids have sent the share price of […]
On 24 May 2024, the SFC published a new version of its Outline of Part XV of the SFO – Disclosure of Interests document. related to substantial shareholding is paragraph 5.9 (Treasury Shares) of the Outline confirms that treasury shares remain part of a listed corporation’s issued voting shares must be included in the number of […]
On 27 May 2024, IND IFSCA reviewed market infrastructure institution regs. IND IFSCA commenced review of Market infrastructure institutions regulations, 2021. Follows IND IFSCA January 2021 proposed infrastructure institutions rules. Background The IFSCA (market infrastructure institutions) regulations, 2021 (MII regs), provide the requirements for grant of recognition to an MII in the IFSC, net worth […]