On 23 March 2022, CAY CIMA issued consolidated ownership rules for companies, LLPs. CAY CIMA issued Beneficial Ownership (Companies) regulations (2022 revision). Also Beneficial Ownership (Limited Liability Partnerships) regulations (2022 revision). Gazette dated 14 January 2022, received 23 March 2022 , and summarized on 30 March 2022. Beneficial Ownership (Companies) Regulations 2017 as amended by […]
On 24 March 2022, EU CMSN adopted the regulatory technical standards under directive 2014/65/EU on position management controls and began 3-month scrutiny period. Overview The RTS includes procedure for position limit exemptions, methods to determine position limit and position management tool for trading venues. Under MIFID II Recovery Package, position limits will apply to agricultural […]
On 18 March 2022, RSA FSCA increased foreign portfolio investment limits. RSA FSCA published circular announcing increased foreign portfolio investment limits. (Document dated 18 March 2022, received 24 March 2022, and summarized on 26 March). Overview On 23 February 2022, RSA CB indicated foreign investment limits have been increased. Regulation 28(3)(i) states aggregate exposure to […]
On 23 March 2022, UK FCA issued an updated list of short selling positions disclosed to them.
On 21 March 2022, UK FCA issued an updated list of short selling disclosures.
On 15 March 2022, the CNMV opened a public consultation to amend the substantial shareholding disclosure form (Model I). Background: Form would now include information regarding holdings of loyalty shares that grant double voting rights. The proposed new substantial shareholding disclosure form is available in English and Spanish on page 6 of the draft circular, […]