On 17 July 2020, JPN SESC recommended disclosed fine on Freesia Macross. JPN SESC recommended a ¥12mn fine against Freesia Macross Co., Ltd., for failing to disclose its trades with its board member in its FY3/17 and FY3/18 securities reports. Having not included the relevant information in its consolidated financial statements. Accordingly, the company violated…
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Temporary Short Selling Ban in Effect Today
Rulefinder reports temporary short selling ban in effect 21 July 2020.
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Cayman – GVT Beneficial Owner Register
On 16 July 2020, CAY GVT issued statement on beneficial ownership register. CAY GVT welcomed UK GVT recognition of work from British overseas territories (BOT). On establishing publicly accessible registers, to disclose company beneficial ownership. Follows UK GVT July 2020 statement on BOT beneficial ownership register. Steps Taken Cayman significantly strengthened and enhanced its beneficial…
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Portugal – CMVM Rejects Futebol Takeover
On 15 July 2020, CMVN board of directors decided to lift the suspension of trading of Sport Lisboa e Benfica shares - Futebol SAD and other related instruments. The suspension was lifted following the disclosure of relevant information.
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Disclosing in Sweden – Take Note
It’s July, so naturally, things are starting to heat up here in the northeastern part of the US. Taking a look back at the first half of the year,...full article.
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Italy – Consob Shareholding Transparency
On 10 July 2020, ITA Consob published res on extension for transparency reporting. Provisions of resolutions 21326 and 21327 re identification of further communication thresholds for company shareholdings and declarations of intentions in companies. With particularly widespread shareholder structure extended for 3 months from 12 July until 12 October 2020, unless revoked earlier; resolution in…
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