In The News
On 1 July 2020, IND SEBI released (substantial acquisition of shares and takeovers) (third amendment) regs, 2020, which enter to force on publication in official gazette. Provide that for indirect acquisitions where public announcement has been made, an amount equivalent to 100% of the consideration shall be deposited in escrow account. Provide further that the…
Read more
On 26 June 2020, MLY SCM, BML extended short selling suspension until 31 December. There will not be any change to the scope of the suspension.
Read more
On 1 July 2020, SEC approved Nasdaq, ISE, BX, PHLX proposals in federal register.
Read more
On 26 June 2020, Sweden's FI issued a fine of SEK 30,000 for late reporting of transactions.
Read more
On 30 June 2020, SWE FI issued update on new reporting system. In autumn of 2020, FI will introduce a new reporting system for short net positions. System is Known as the Blanking Web; logging in will be done with the bank ID in the system that now collects most of the reporting to FI:…
Read more
On 24 June 2020, CHI NDRC released negative lists for foreign investment access. Special management measures for foreign investment access (negative list) (2020) and for foreign investment access in the free trade pilot zone (negative list) (2020). Negative list of foreign investment access was reduced from 40 to 33, and list of foreign investment access…
Read more