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Vietnam – SEC Proposed Rules on Securities Trading Re: Short Selling

On 15 July 2025, VIE SEC proposed rules on securities trading, re VAT. VIE GVT, VIE SEC proposed circular detailing securities trading and securities transfer services under decree no. 181/2025/ND-CP re Law on value added tax (VAT). Follows VIE GVT July 2025 issued decree 181/2025/ND-CP on VAT. Highlight of Proposal The circular provides regulations on…
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U.S. – FIF Comment on Short Selling Report Rule 13f-2

On 7 July 2025, FIF submitted another letter (in addition to prior nine letters) to the SEC relating to the implementation of Short Selling Rule 13f-2 and associated Form SHO. Reminded SEC time is short to revise and clearly define the short selling reporting requirements for Form SHO, if the Commission plans to maintain the…
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Spain – CNMC in Favor of Extending Takeover Regime

On 3 July 2025, ESP CNMC in favor of extending takeover bid regime. ESP CNMC in favor of extending takeover bid regime to multilateral trading systems. Follows draft Royal Decree on regime of public offers for acquisition of securities which will extend its application to multilateral trading systems (IPN/CNMC/008/25). Multilateral Trading Systems Multilateral trading systems…
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