As a follow up to the blog published on 8 June, foreign direct investment oversight continues with several countries...full article.
Read more
France – AMF Enforcing Ban on Short Sales
On 7 September 2020, FR AMF updated guidance page on the EU regulation on short selling. Including updated excel file containing the history of net short positions made public.
Read more
U.K. – CMA Foreign Direct Investments
On 7 September 2020, UK CMA proposed guidance on its powers and procedures. UK CMA issued consultation on proposed guidance setting out powers and procedures used in cooperation mechanisms under EU foreign direct investments (FDI) regulation. FDI Regulation Creates a cooperation mechanism within the EU for exchange of information on an FDI. In relation to…
Read more
New Zealand – Extends Foreign Investment Measures
On 1 September 2020, NZ GVT retained temporary investment screening rules. NZ GVT announced it would keep emergency notification regime in the overseas investment act 2005 for 90 more days to protect New Zealand’s national interest. Follows NZ GVT May 2020, updated foreign investment screening rules. Background Introduced June 2020, to manage heightened foreign investment…
Read more
India – SEBI Transaction Disclosure
On 1 September 2020, IND SEBI updated on securities transactions disclosure. IND SEBI decided that the details of debt and money market securities transacted shall be disclosed on daily basis with a time lag of 15 days in revised format. This is a change from the previous format and 30 day time lag. Effectiveness Circular…
Read more
Saudi Arabia – CMA Foreign Investors, Debt
On 2 September 2020, SAU CMA allowed foreigners to directly invest in debt. SAU CMA board issued a decision dated 12 August 2020, allowing resident and non-resident foreigners to invest directly in listed and non-listed debt instruments. As part of efforts to align its regulatory requirements with international best practices. Decision Highlights Allowed all foreign…
Read more