In The News

Fines for Global Shareholding Disclosure Failures Rise 77%

On 27 January 2023, Solutions Atlantic released its Global Shareholding Sanctions Year in Review findings. Through an examination of sanctions data from 27 countries here are the key takeaways: India, Germany, Sweden and the USA issued the most global shareholding disclosure fines. Major shareholding reporting failures make up the bulk of the sanctions. Year-over-year the…
Read more

S Korea – Improve Regulations for Foreign Investors

On 24 January 2023, SK FSS improved regulations re foreign investors in SKOR. SK FSS announced to improve regulations re foreign investors in the SKOR market, which have acted as obstacles to their investing activities for more than 3 decades. Follows November 2022 SK FSC's attempt to resolve SKOR discount. Improvements Terminate the foreign investor…
Read more

Australia – ASIC Relaxation of Short Selling

On 20 January 2023, AST GVT registered 3rd compilation of ASIC corporations (short selling) instrument 2018/745; shows text of instrument as in force on 7 December 2022. Compilation reflects changes made by ASIC corporations (short selling) amendment instrument 2022/968; the effect of these changes is set out in further detail below. Background: On 6 December…
Read more