In The News

U.K. – Parliament National Security, Investment Bill

On 11 March 2021, UKP said members continued committee stage on 9 March 2021. Discussed acquisition of land near sensitive sites, minority investor veto rights and assets wholly controlled within UK higher education and research institutes. UKP issued 3rd marshalled list for committee, committee stage continues on 16 March 2021.  
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Taiwan – FSC Insurance Foreign Investment

On 9 March 2021, TAI FSC proposed amendments to foreign investment. TAI FSC proposed amendments to regulations governing foreign investments by insurance companies, regarding relaxation of foreign currency insurance policy limits. Amendments In the formula for calculating foreign investment quotas, reserves for non-investment personal insurance in the insurance industry will be increased from 35% to…
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E.U. – ESMA Opinions on Position Limits

On 8 March 2021, ESMA issued six positive opinions on position limits. ESMA issued six opinions dated 24 February 2021, on position limits under under MIFID II. Follows ESMA February 2021 delegation of powers re opinions to chair. Re MEFFPOWER baseload contracts, PXE Czech financial baseload contracts, OMIP SPEL base contracts, plus EEX Italian, EEX…
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