On 19 March 2026, SK FSS updated a booklet on substantial shareholding disclosure. SK FSS issued a booklet on the shareholding disclosure system updated in December 2025. Outline of Updates The booklet reflects amendments to laws/regulations and institutional improvements, and addresses difficulties in compliance with reporting requirements. For this publication, the KOSDAQ Listed Companies Association…
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India – SEBI Revised Rules on Minimum Public Shareholding
On 13 March 2026, IND SEBI revised rules on minimum public shareholding. IND SEBI published the Securities contracts (regulation) amendment rules, 2026, which amends rule 19 of the Securities contracts (regulation) rules, 1957, regarding minimum public shareholding (MPS) requirements for companies seeking IPO. Follows IND SEBI August 2025 proposed review of large issuer requirements. Highlights…
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E.U. – Company Control by Listed Person Re: Shareholding
On 12 March 2026, ECJ ruled entity assets frozen if controlled by listed person. ECJ issued judgement C-84/24 EM System, regarding assets of company not included on list of persons subject to sanctions may be frozen if it is controlled by a person included on that list. i.e., listed person has a 50% shareholding in…
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Australia – ASIC Ownership Transparency, Substantial Shareholding
On 10 March 2026, AST ASIC proposed to enhance beneficial ownership disclosure. AST ASIC issued consultation paper 387, enhanced beneficial ownership disclosure-proposed legislative instrument, form and guidance (CP 387). Aims to respond to reforms in schedule 1 of the Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Act 2025 (amending act). Follows AST GVT…
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Turkey – CMB Extending Prohibition on Short Selling
On 15 March 2026, TUR CMB issued bulletin 2026/15 extending previously implemented market measures; short selling transactions in the equity markets of TUR EXC continue to be prohibited until the end of the trading session on 27 March 2026.
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Germany – Courts Takeover, Shareholder Rights
On 11 March 2026, GE Courts said proceedings re takeover have legally concluded. The judgment of 25 February 2026 in II ZR 130/24, closing the case, has been published. Recalls in judgment of 13 December 2022 (II ZR 14/21), the Federal Court of Justice overturned the decision of Higher Regional Court of Cologne (unfavorable to…
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