On 13 September 2022, NPL CB updated on foreign direct investment 2020/21. NPL CB issued 6th foreign direct investment (FDI) in Nepal survey report for 2020/21. Follows NPL CB September 2021 reported on FDI in Nepal during 2019/20. Methodology Study primarily based on survey data collected from companies that have taken FDI approvals from NPL […]
On 12 September 2022 IRE CB appointed James Doherty as takeover panel chair. Gabriel Makhlouf has appointed James Doherty SC as Irish Takeover Panel chair, under section 6(1)(c), Irish Takeover Panel Act 1997, and panel articles of association. Irish Takeover Panel is statutory body that monitors/supervises takeovers in Ireland. Effectiveness Mr. Doherty’s appointment is effective […]
On 12 September 2022, UK FCA said it will likely make LFS pay £306mn penalty. FCA issued update on its involvement in proposed takeover of Link Group by D&D. UK FCA announced it has decided to impose conditions on takeover of Link Group. UK FCA’s decision to impose conditions follows announcements made on 12 September […]
On 8 September 2022, TAI TPEX, TAI EXC amended the operational measures. TAI TPEX, TAI EXC amended operating rules for securities firms handling margin purchases and short selling of securities to align with revision of the civil code. Also amended the contract for the handling securities margin purchases/ short selling. Follows TAI FSC letter dated […]
On 8 September 2022, FR GVT published the guidelines on control of foreign investments. Following March 2022 consultation on rules’ scope, procedure, authorizations monitoring.
On 8 September 2022, QAT FMA issued short selling and securities lending rules. QAT FMA issued covered short selling rules under Board Decision No. 5 of 2022. Also issued securities lending and borrowing rules under Board Decision No. 4 of 2022. Added new financial services activities to increase business of financial services firms. Firms may […]