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.
Read more
Canada – CSA Response Activist Short Selling Concerns
On 10 March 2021, CSA issued comments received on activist short sale consultation.
Read more
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…
Read more
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…
Read more
France – AMF Enforcing Ban on Short Selling
On 4 March 2021, FR AMF updated guidance page on the EU regulation on short selling. Includes updated excel file containing the history of net short positions made public.
Read more
Rulefinder Reports Update to Substantial Shareholding in Italy
On 3 March 2021, Rulefinder reported an update to the lists of issuers to whom the temporary shareholding disclosure thresholds apply. This update takes effect from 4 March 2021. To learn more about Rulefinder, click here.
Read more