12 December 2025 – Norway Fines for Late and Incomplete Substantial Shareholding Report
Norway Fines for Late and Incomplete Substantial Shareholding Report
India – SEBI Share Acquisition, Takeovers
On 5 December 2025, IND SEBI published Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2025. The amendment regulations 2025 dated 3 December, 2025, amend regulation 2, 8 and 9 of the SEBI (substantial acquisition of shares and takeovers) regulations, 2011. Provides that valuer shall have the same meaning […]
Sweden – FI Nordnet Appeals Short Selling Fine
On 4 December 2025, SWE Courts said Court of Appeal confirmed decision on objection and penalty fee, right to issue reprimand to Nordnet Bank, impose fee of SEK 100mn on it. Court of Appeal, like Administrative Court in Stockholm, finds Nordnet has obligations under current regulations it has not complied with, it has not checked […]
S Korea – FSS Short Selling, Dividend Disclosure
On 3 December 2025, SK FSS revised corporate disclosure preparation guideline. SK FSS revised the Guidelines for the preparation of corporate disclosure forms. Outline of Revisions Those engaged in short selling/entrusted short selling orders during the specified period are banned from acquiring convertible bonds (CBs)/bonds with warrant (BWs). Summary of securities registration statement/small-amount public offering […]
U. K. – FCA Bulletin 60 Re: Short Selling Regime Changes
On 28 November 2025, UK FCA issued PMB 60 re UK short selling regime changes. FCA issued Primary Market Bulletin 60 which entirely focuses on consultation CP25/29 on proposed changes to the UK short selling regime, published in October 2025. Follows UK FCA October 2025 consultation on new short selling regime. Overview Consultation proposes changes […]
U.S. – SEC Issues Temporary Exemptive Relief of Short Selling Rule 13f-2
On 3 December 2025, the SEC issued an order granting temporary exemptive relief from compliance with short selling reporting rule 13f-2. rule is delayed until 2 January 2028 first short selling disclosure report using Form SHO to be required within 14 calendar days after the end of January 2028