While we have always lived in uncertain times, it can’t be truer than now. Markets are volatile, governments are exiting Unions, trade deals and climate accords. Trust between allies has been eroded and although the cold war ended in 1991, spies and hackers can both find jobs. This, coupled with the nearly $2T in money…
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Portugal – CMVM Takeover Bids Regime
On 31 December 2018, CMVM analyzes takeover bids regime for OECD study. OECD published a report Flexibility and proportionality in corporate governance which includes a contribution by CMVM on the Portuguese takeover bids regime.Focuses on operations carried out after the transposition of Directive 2004/25/EC.Seeks to show adaptability of current regime to different realities of companies.
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India – SEBI Takeovers Amendment
On 28 December 2018, SEBI issued third amendment to the regulations, changing wording and adding in explanation, effective from publication in official gazette.
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Italy – Extended Short Selling Ban
On 2 January 2018, Consob continued to suspend Banca Carige trade on markets.
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Taiwan – FSC Timing of Reports
On 11 December 2018, TFSC said proposal completed notice period, implemented soon. It has been noticed that some issuers may be unable to announce the monthly operational status according to the time limit set in Article 36 of Securities Law.Thus, will amend the financial report and operation of the public issue company.RevisionsIn the event of…
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Hong Kong – SFC Takeovers Table Updated
On 12 December 2018, the offer period for Dining Concepts Holdings Limited (StockCode: 8056) and Target Insurance (Holdings) Limited (Stock Code: 6161) were closed.
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