On 17 November 2020, UKP published Commons second reading of bill, and noted no debate in Commons program motion, nor for Commons money resolution. The bill is now being considered by a public bill committee which will scrutinize the bill line by line and is expected to report to the House by 15 December 2020. […]
On 13 November 2020, EU ESMA issued the renewal decision of 16 September 2020, in EU OJ. Decision in force from 18 September 2020; applies from that date for a period of 3 months.
On 11 November 2020, GE BaFin fined JO Hambro Capital for voting violations. BaFin has fined JO Hambro Capital Management 120,000 euros over voting violations. JO Hambro Capital Management failed to submit it’s voting rights notifications on time. BaFin said the failure violated section 130 paragraph 1 of Administrative Offenses Act. The company was also […]
On 11 November 2020, ASIFMA gave detailed review of key aspects of the new regulation. By lowering and simplifying QFII qualification requirements, smaller investors are able to participate, which opens the QFII scheme to more investors, like hedge funds. With simplification of the application process, investors no longer have to separately apply for QFII and […]
On 10 November 2020, AbuDExc revised foreign share ownership limit for Taqa. AbuDExc announced Taqa shares were opened to foreign ownership, with cap of 49%. Overview Informed of new substantial shareholding limit on Abu Dhabi National Energy Company PJSC (TAQA) shares, 51% is minimum ownership for UAE nationals and for non-UAE nationals 49%. Board had […]
On 11 November 2020, UKP issued bill on national security and investments. UKP said national security and investments bill 2019-21 had first commons reading. UK GVT issued statement of policy intent, impact assessment, regulatory policy committee report, memos on human rights, delegated powers and regulatory reform committee, plus factsheets on overview of bill and the […]