On 15 April 2026, the FCA published a Policy Statement (PS26/5) with final rules for short selling. These will create a new Sourcebook, within the FCA Handbook. The new short selling regime will apply from 13 July 2026. The final rules make changes in the following areas: UK sovereign debt and UK sovereign credit default…
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Hong Kong – SFC Updates Substantial Shareholding Notices and Takeover Table
On 14 March 2026, the SFC updated substantial shareholding notices and the Takeover Table with the following: Substantial Shareholding in Modern Chinese Medicine Group Co., Ltd. (Stock Code: 01643) and, an offer period has commenced for Somerley Capital Holdings Limited (stock code: 08439) from 13 April 2026.
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India – SEBI Relaxes Minimum Public Shareholding Requirements
On 7 April 2026, IND SEBI relaxed minimum public shareholding requirements. IND SEBI granted one-time relaxation from applicability of penal provisions under the SEBI (listing obligations and disclosure requirements) regulations, 2015 for minimum public shareholding (MPS) requirements. Follows representations from an industry body highlighting difficulties faced by listed entities due to capital market volatility arising…
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Taiwan – FSC Commercial Banks Investment Minimum Shareholding
On 2 April 2026, TAI FSC, TAI Justice issued order to revise appendix of paragraph 3 of Conditions to Be Met and Documents to Be Submitted by Commercial Banks Investing in Other Enterprises. The minimum required shareholding for first-time investments in certain financial institutions has been increased from more than 10% to more than 25%,…
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S Korea – FSS Published Results on Naked Short Selling Detection
On 30 March 2026, KRX published first-year results and future plans for NSDS. KRX will continue strengthening market oversight of illegal short selling using insights derived from NSDS operations. It will provide guidance to institutional investors based on cases identified through NSDS to help prevent recurrence. Efforts will be made to reduce unnecessary regulatory burden…
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U.S. Falls from Top Three in Global Shareholding Disclosure Sanctions
In March, we conducted a review of the 2025 sanctions imposed on entities for failures to comply with Global Shareholding regimes: Major Shareholding, Short Selling, Takeovers, and Sensitive Industries. Read the full article.
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