On 21 April 2026, PAK SEC directed firms re ultimate beneficial ownership information. PAK SEC directed companies to ensure the timely submission of Ultimate Beneficial Ownership (UBO) information through Form-19 on its eZfile portal. Disclosure of UBO information ensures corporate transparency, prevents misuse of corporate structures, and combats money laundering and illicit financial flows. Follows…
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Taiwan – Issuers Use of MOPS for Electronic Disclosure of Shareholding
On 24 April 2026, TAI FSC issued order re electronic disclosure via MOPS. TAI FSC, TAI Justice issued order to stipulate that public companies in compliance with the requirements of laws and regulations regarding matters to be publicly announced or reported shall post information on Market Observation Post System (MOPS). Follows TAI FSC March 2024…
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Pakistan – SEC Proposes Relaxing Shareholding Limits
On 23 April 2026, PAK SEC proposed to relax rules on shareholding limits. PAK SEC drafted notifications regarding amendments to the Central Depository (Licensing & Operations) Regulations, 2016 and revisions to the Clearing Houses (Licensing and Operations) Regulations, 2016. Amendments PAK SEC proposes to amend sub-regulation 3 of regulation 8 within both Regulations on limitations…
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Japan – FSA Updated Substantial Shareholding Forms
On 17 April, the FSA in Japan released updated Substantial Shareholding Forms 1 & 3. forms are now available in EDINET; the new forms take into account the pending reforms which are effective from 1 May 2026. This link notes the update to the EDINET system.
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Hong Kong – SFC Updated Takeover Table
On 27 April 2026, the SFC updated the Takeover Table with the following: new offer period has commenced for Rimbaco Group Global Limited (stock code: 01953) from 24 April 2026.
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Netherlands – AFM Issues Short Selling Fine to Arrowstreet Capital
On 20 April 2026, the Netherlands Authority for the Financial Markets (AFM) imposed an administrative fine of €297,000 on Arrowstreet Capital, Limited Partnership. Background: Arrowstreet acted in violation of short selling regulations between July 2020 and November 2024 Structurally underselling short positions reported and disclosed Failure to disclose short selling in a timely manner Arrowstreet…
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