On 6 October 2020, POR CMVM issued FAQ on Efanor Investment takeover bids. POR CMVM issued FAQ on Efanor takeover bids on Sonae Indústria and Sonae Capital. Overview To clarify to market and general public aspects of takeover bids (independent of each other) of Efanor Investimentos, SGPS SA (Efanor) on totality of shares representing. Share […]
On 5 October 2020, the Swedish regulator Finansinspektionen fined Cigogne Management late short selling notification. Cigogne Management S.A. shall pay a special fee of SEK 2,500,000.
On 2 October 2020, SIN MAS issued guide to REIT approvals, submissions. To facilitate compliance with MAS approval and reporting requirements and timelines. Compliance toolkits available for licensed fund management companies, registered fund management companies, venture capital fund managers, and REIT managers. Lists applications for approvals, notifications to be submitted, regulatory submissions.
On 29 September 2020, TAI FSC granted preferential measures to firms. FSC granted preferential treatment to firms under the plan to advance excellence for SITEs and the plan to encourage stronger business ties in Taiwan for offshore funds. Domestic Firms Cathay Securities, Fuh Hwa Securities and Fubon Securities were eligible under the plan to advance […]
EFTASA renewed decision requiring disclosure of net short positions of 0.1% and over. Followed March 2020, ESMA issued decision on net short position holders. On same day, ESMA renewed decision on holders of net short positions. Threshold Temporarily requires holders of net short positions in shares traded on EEA EFTA states regulated markets to notify […]
On 30 September 2020, the Swedish regulator, Finansinspektionen fined Arnäs Management for inaccuracies in their reporting of transactions in shares and warrants in Briox AB and Lithium AB. Arnäs will pay SEK 55,000