On 4 February 2026, UK TO Panel detailed code amendments and adviser note. The amendments to the Takeover Code set out in Instrument 2025/1: Dual class share structures, IPOs and share buybacks and Instrument 2025/2: Minor amendments to Takeover Code, take effect from 4 February 2026. Code and Other Amendments Takeover Code website was updated…
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Australia – ASIC ETF Short Selling Relief Extension
On 2 February 2026, AST ASIC amended instrument to extend exemptions. AST ASIC registered ASIC Corporations (Amendment) Instrument 2026/24, which amends the ASIC Corporations (Short Selling) Instrument 2018/745. AST ASIC also published explanatory statement regarding instrument 2026/24. This instrument is made under s 1020F(1) of Corporations Act 2001 (ASTCA). Follows AST GVT February 2023 registered…
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Japan – METI Fair Takeover Guide Review
On 3 February 2026, JPN METI said it will reconvene fair takeovers study group. JPN METI said it will reconvene the Study Group on Fair Takeovers, to review necessary updates on the Guidelines for corporate takeovers issued on 31 August 2023. Follows JPN METI August 2023 issued action guide for corporate takeovers. Background The purpose…
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China – CSRC Eligible Strategic Investors Re: Shareholding
On 30 January 2026, CHI CSRC proposed expanding strategic investor scope. CHI CSRC proposed to amend the Application Opinions on Provisions 9, 10, 11, 13, 40, 57, and 60 of the Measures for the Administration of Registration of Securities Offering by Listed Companies (Legal Application Opinion No. 18). Aims to implement national policies on promoting…
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S Korea – FSS Corporate Disclosure Guidelines
On 30 January 2026, SK FSS updated the guidelines for corporate disclosure. SK FSS issued Practical guidelines for corporate disclosure updated in December 2025. Updates re Distribution Disclosure Guidelines reflect expanded disclosure obligations re executive appointment/re-appointment restrictions and scope of disclosure re contracts among shareholders. In addition, revision of the post-disclosure form for single sales/supply…
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Thailand – SEC Definition of Major Shareholder
On 30 January 2026, Thai SEC proposed revising definition for derivatives operators. Thai SEC proposed to revise the definition of major shareholder for derivatives business operators, to strengthen supervision up to the level of true controlling persons. The review responds to increasingly complex shareholding structures, aiming to assess the fitness and absence of prohibited characteristics…
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