On 14 March 2025, JPN FSA proposed an order re tender offer, shareholding. JPN FSA proposed a cabinet order and cabinet office ordinances pursuant to the Act amending the financial instruments and exchange act and Act on investment trusts. Including revisions to the tender offer and large shareholding reporting systems. On the same day, JPN…
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S Korea – FIA Practical Short Selling Process
On 13 March 2025, SK FIA issued the revised best practices as it pertains to short selling effective 13 March 2025.
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S Korea – FSS Follow-Up Short Selling Measures
On 13 March 2025, SK FSS issued the short selling regulations effective from 31 March 2025.
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S Korea – FSC Short Selling System Improved
On 13 March 2025, SK FSS, SK FIA, KRX issued e-brochure on short selling system improvements. Includes FAQs based on facts, mainly on the improvements to the short selling system, given related complaints and concerns that have not been objectively verified.
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S Korea – FSC, FSS Short Selling Penalties
On 12 March 2025, SK FSC, FSS said the same day decision by Securities and Futures Commission to fine a global IB marked the end of global IB investigations, penalties. In total, 13 global investment banks (IBs) were fined KRW 83.65bn. The release covered the main illegal conduct types, measures to prevent recurrence, the expected…
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Netherlands – ACM Investigates Takeover of Ziemann
On 7 March 2025, NLD ACM launched investigation into takeover of Ziemann. NLD ACM announced that it had launched an investigation into the recent takeover of the Dutch branch of the German Ziemann by the cash transport company Brink's. Summary These specialist companies transport cash to, for example, ATMs and physical stores on behalf of…
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