On 19 March 2025, SWE FI fined Stenvalls Tra Aktiebolag for late notifications. SWE FI imposed penalty of SEK 1,400,000 on Stenvalls Tra Aktiebolag for failing to report substantial shareholding transactions with shares in Genesis IT AB to SWI FI within prescribed time. Fine is per Act 2016:1306 supplementary provisions to EU Market Abuse Regulation.…
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Turkey – CMB Short Selling Prohibition
On 23 March 2025, TUR CMB issued new bulletin on decisions by the board. Due to developments in Borsa Istanbul AS (TUR EXC) markets recently, it has become necessary for TUR CMB to take certain measures to ensure the capital market operates in a reliable, a transparent, an effective, a stable, a fair and competitive…
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S Korea – FSS US Trade Policy, Re: Short Selling
On 20 March 2025, SK FSS held a financial review meeting after US FOMC had decided to pause interest rate cuts, to request comprehensive monitoring and management. Will monitor external conditions, manage risks in the overall market, including KRW/foreign currency liquidity of financial companies, stocks, bonds, short-term funds. Support financing for competitive companies by providing…
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India – SEBI Acquisition / Takeover Related Reports
On 20 March 2025, IND SEBI enabled online filing for two acquisition / takeover reports. IND SEBI introduced online filing system for reports filed under regulation 10(7) of SEBI (substantial acquisition of shares and takeovers) regulations, 2011. Follows IND SEBI February 2023 issued master circular on procedures, formats. IND SEBI Intermediary Portal IND SEBI explained…
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S Korea – FSC Short Selling to Resume
On 24 March 2025, the Financial Services Commission (FSC) announced (English version) that permitted covered short sales in relation to all securities listed on the KRX will be resumed from 31 March 2025. General ban on short selling in Korea’s domestic markets expires on 30 March 2025. FSC also announced the designation scheme for ‘overheated…
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Switzerland – SECO Screen Foreign Investment RE:Takeovers
On 17 March 2025, SWI PRL said the Council of States approved a proposal to impose stricter controls on takeovers of Swiss companies by foreign investors by 16 votes. The National Council tightened the draft law last Sep., specifically, it decided at the time that the investment screening should also apply to non-governmental investors. Also,…
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