On 9 January 2023, UK GVT updated guidance on UK GVT notification rules. UK GVT updated guidance for investors and businesses on the legal requirement to tell it about sensitive acquisitions / takeovers under national security and investment act (NSIA 2021). Follows UKP November 2020 issued bill on national security and investments. Updated Guidance Content […]
India SEBI Fines for Late Substantial Shareholding Disclosure
On 9 January 2023, AST GVT registered 28th compilation of the Foreign acquisitions and takeovers act 1975, showing the text of the act as amended and in force 1 January 2023. Supersedes 27th compilation noted above; issued to reflect changes made by the Treasury laws amendment (2022 measures no. 3) act 2022, which updates figures […]
On 10 January 2023, Rulefinder alerted to new temporary short selling bans in S Korea. These short selling bans will be effective 11 January.
On 1 January 2023, the Bank of Italy’s Qualified Holding regime takes effect. This applies to shareholdings in Italian Banks, SIM, SGR, SICAV and SICAF, financial intermediaries, payment institutions, and e-money institutions.
On 4 January 2023, Rulefinder identified new temporary short selling bans in two countries. These temporary short selling bans are effective on 5 January 2023.