On 29 October 2021, NZ OIC updated on preparations for final Overseas Investment Act law reform changes, while staying on top of business-as-usual consent applications. October 2021 issue of Panui discussed: benefit to New Zealand test changes; new assessment timeframes; law reform resources; and notification when forms change. Plus assistance in understanding overseas investment rules […]
On 28 October 2021, ITA CB announced rules on qualified shareholding in banks, IMEL. Update information and documents to be sent to ITA CB by anyone who intends to acquire a qualified stake in intermediary (cited above), implements relevant EU law. In line with guidelines of EU authorities; at the same time simplify legislation. In […]
On 28 October 2021, the Swedish regulator, Finansinspektionen fined Intergiro Intl AB (publ) SEK 8 million for belatedly notifying transactions with shares in Quickbit eu AB (publ).
On 26 October 2021, IND SEBI notified on publication of the SEBI (issue of capital and disclosure requirements) (fourth amendment) regulations, 2021 in the official gazette. Substituted regulation 6, that the net worth of the superior rights (SR) shareholder, as determined by a registered valuer, shall not be more than rupees one thousand crore. While […]
As reported in HedgeWeek on 27 October 2021, Man GLG, Marshall Wace and BlackRock hold the largest amount of short selling positions against UK-listed issuers. Each firm holding more than 20 individual short selling positions in the UK.
On 27 October 2021, UK FCA updated information on UK sovereign debt thresholds.