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Austria – GVT Beneficial Owner Register

On 9 December 2019, AUT GVT issued rules on beneficial owners register. AUT GVT published ordinance of federal minister of finance on additional technical possibilities for access to commercial ownership register (WiEReG-EinsichtsV). Content and Legal Basis Per S9, S17 (5) of commercial ownership register act (WiEReG), BGBl I No. 136/2017. On retrieval, by obliged party,…
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India – SEBI Capital, Disclosure Rules

On 6 December 2019, IND SEBI issued fifth amendments to the disclosure regulations. Schedule IV on filing of offer documents with board to be substituted with following. Draft offer documents/letters of offer/offer documents shall be filed by the lead manager(s) with the relevant office of the Board under the jurisdiction of which the registered office…
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E.U. – MIFID Double Volume Cap

On 6 December 2019, EU ESMA issued latest MiFID II DVC data, November 1-October 1 calculations. Number of new breaches is 70: 56 equities for the 8% cap, applicable to all trading venues, and 14 equities for the 4% cap, that applies to individual trading venues. Trading under waivers for new instruments in breach of…
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