On 8 September 2020, SRI CB issued amendment on ownership of issued capital. SRI CB issued amendments to banking act directions No.1 of 2007 on ownership of issued capital carrying voting rights for licensed commercial banks. Ownership of Shares Board may give permission to categories of shareholders to acquire A material interest up to 15% […]
As a follow up to the blog published on 8 June, foreign direct investment oversight continues with several countries…full article.
On 7 September 2020, FR AMF updated guidance page on the EU regulation on short selling. Including updated excel file containing the history of net short positions made public.
On 7 September 2020, UK CMA proposed guidance on its powers and procedures. UK CMA issued consultation on proposed guidance setting out powers and procedures used in cooperation mechanisms under EU foreign direct investments (FDI) regulation. FDI Regulation Creates a cooperation mechanism within the EU for exchange of information on an FDI. In relation to […]
On 1 September 2020, NZ GVT retained temporary investment screening rules. NZ GVT announced it would keep emergency notification regime in the overseas investment act 2005 for 90 more days to protect New Zealand’s national interest. Follows NZ GVT May 2020, updated foreign investment screening rules. Background Introduced June 2020, to manage heightened foreign investment […]
On 1 September 2020, IND SEBI updated on securities transactions disclosure. IND SEBI decided that the details of debt and money market securities transacted shall be disclosed on daily basis with a time lag of 15 days in revised format. This is a change from the previous format and 30 day time lag. Effectiveness Circular […]