On 14 January 2019, OSC consulted on actions to reduce regulatory burdens. Consulted Ontario market participants on ways to reduce the regulatory burden.By eliminating rules and requirements, that are outdated or unduly burdensome.Suggested AreasOperational changes, for rules that may have become outdated or unnecessary.Opportunities to streamline and improve disclosure that is provided to investors.Noted investors…
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Italy – Further Update on Short Selling Ban
On 11 January 2019, Italy CB announced the ECB administration of Banca Carige spa.
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Hong Kong – SFC Takeovers Table Updated
On 10 January 2019, the offer period for Geotech Holdings Ltd. (Stock Code: 1707) was closed .
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Foreigners Stay Where We Can Watch You
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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