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, […]
On 18 March 2022, Thai SEC updated securities/derivatives merger/takeovers/acquistion rules. Thai SEC updated criteria for securities and derivatives operator mergers/takeovers/acquisitions. Follows Thai SEC August 2020, issued rules on mergers, takeovers, and acquisitions. Summary Securities/derivatives business operators can apply for a license or pre-registration request to enable merged firms’ continued operations once incorporation is complete. Will […]