In The News

Taiwan – FSC Foreign Investment Insurance

On 6 November 2018, Taiwan FSC said draft measures completed pre-announcement procedures and no opinions were submitted, amendments will be released soon. Background On Aug. 14, Taiwan FSC amended foreign insurer investments. Raised quota limit for insurance industry investment in international board bonds. Relaxation of insurance foreign currency traditional policy reserve is not included. Open…
Read more

U.K. – TO Brexit Takeover Changes

On 5 November 2018, UK TO Panel proposed Brexit amends to takeover code. Follows UK Treasury Jul. 2018 SIs amending retained EU provisions. Code Committee invites comments on the amendments proposed in PCP 2018/2. Legal Framework Section 2 of paper describes legislative framework within which the Code currently operates and changes which will be made…
Read more

Canada -IIROC Short Position Reports

On 26 October 2018, IIROC issued consolidated short position reports (CSPR). CSPR provide aggregate short position of all listed, quoted securities as of 15th, last day of each month on IIROC-submitted data by members, access persons. Follows IIROC March 2018 notice on short position calculation, reporting. Content of Report To include security name, symbol, listing…
Read more