On 31 August 2020, IND ICCL specified the security wise MWPL and position limit for trading members, FII /FPI and mutual fund for F&O contracts for September 2020. Also issued MWPL for stocks traded under securities lending and borrowing scheme. On 26 August 2020, IND SEBI said that the regulatory measures introduced vide SEBI press…
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E.U. ESMA Shareholder Rights Directive Identification Thresholds
On 31 August 2020, ESMA set out national shareholder identity thresholds. ESMA laid out national thresholds for shareholder identification under revised shareholder rights directive (SRD II), included links to national rules for each state. Contains information setting out: national thresholds for shareholder identification in MSs that have established such a threshold; relevant national legislation and…
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Brazil – GVT Foreign Investments
On 31 August 2020, BRZ GVT issued rules for foreign investments. BRZ GVT published BRA CB res 4.852 of 27 August 2020 on foreign investments. Follows BRZ GVT January 2020 issued rules on home, foreign investment. Overview Amended arts 2, 4 of reg in annex I to res 4.373 of 29 September 2014 on investments…
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India – SEBI Foreign Portfolio Investors
On 31 August 2020, IND SEBI decided that for the entities from jurisdictions which are under lockdown, the temporary relaxations shall be extended until lockdown is lifted. However, in-transit applications shall be processed on the basis of previous provisions. For entities from jurisdictions where lockdown is lifted, the relaxation is not applicable.
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Rulefinder Provides Data for Takeovers and Short Selling
Rulefinder, a leading regulatory reference product offered by aosphere, LLP offers data for Takeovers and Short Selling bans.
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South Korea – Extension of Short Selling Ban
On 27 August 2020, SK FSC extended the ban from 16 September 2020 to 15 March 2021. Lifting of share buyback limits for listed companies is also extended during the period.
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