On 5 June 2025, IDN FSA issued circular regarding the electronic submission of substantial shareholding reports and share pledging activity reports for public companies. Establishes electronic system requirements for submission, publication of substantial shareholding ownership reports as well as share pledging activity reports for public companies. The circular covers mandatory electronic reporting parties, reporting requirements…
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Germany – BaFin Sets Fine for Substantial Shareholding , Voting Rights Notification Failure
On 13 June 2025, GE BaFin issued €600,000 voting right notification fine. GE BaFin announced it had imposed two fines totalling €600,000 on Innovestica Holdings Inc., in a decision dated 6 June 2024, for voting rights notification violations. The obligation to notify voting rights serves to promotes capital market transparency and strengthens investor confidence in…
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Sweden – FI Nordnet Bank Short Selling Fine
On 13 June 2025, SWE Courts announced Administrative Court upheld SWE FI decision to issue reprimand to Nordnet Bank AB, as well as imposition of SEK 100mn penalty. It found Nordnet's intraday shorting service has not met regulatory requirements. Nordnet has shortcomings in internal guidelines and procedures, risk management and risk assessment, and in its…
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Hedge Funds Return to Asia but Short Selling Increases in China
Global hedge funds posted their biggest jump in trading volumes across Asian markets in over five years last week. funds were buying and short selling, with bullish positions in Asia between June 6 and June 12 hitting their highest level in nearly a year; hedge funds bought equities in Japan, Hong Kong, Taiwan and India;…
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Hong Kong – SFC Updated Takeover Table
On 16 June 2025, the SFC updated its Takeover table to include the following: offer period for UTS Marketing Solutions Holdings Limited (Stock Code: 6113) closed on 13 June 2025.
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Greece – Implements Foreign Direct Investment Screening for Shareholding
On 23 May 2025, the Greek Parliament passed its law on the implementation of the EU FDI Screening Regulation for shareholding. From 23 May, 2025, foreign direct investment into Greece is subject to mandatory pre-approval at certain thresholds in specified sensitive industry sectors. Passive investment by institutional investors meeting these thresholds are not exempt from…
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