On 29 January 2020, IRE CB issued twenty eighth edition of FAQ on UCITS. New Q&D ID 1094 relates to UCITS investment in CFDs, CLOs, CoCos, binary options. Also explains how this may be subject to enhanced scrutiny at the authorization phase.
On 3 February 2020, IND SEBI proposed amendments to regulations. The aim of the discussion paper is to seek feedback from the public on the proposed amendments in SEBI (substantial acquisition of shares and takeovers) regulations. Proposals Completion of acquisition through stock exchange settlement process for all types of deals including bulk and block deals […]
On 30 January 2020, TAI FSC issued rules on disclosing information in English. Listed companies required, in stages, to disclose important information in English. English Disclosure At end of December 2019, foreign capital held over 40% of the Taiwan stock market value. Beginning July 2020, listed companies with paid-up capital of NTD15bn must disclose important […]
On 29 January 2020, PHI Tax amended tax provisions on REIT act, effective immediately. Definitions of public company and reinvestment plan amended; section renumbered. Amended to include affidavit of undertaking and reinvestment plan under documents. Added under transfer of real property section that transfer of property to a REIT in exchange for its shares is […]
On 28 January 2020, SWE FI fined Vulcan for late disclosure of holdings. Vulcan Value Partners LLC fined penalty of SEK 340,000, for late reporting of holdings. That holding of shares in the company Concentric AB, had fallen below a flagging limit. Key Facts On 26 September 2017, Vulcan reduced shareholding in Concentric, to under […]
On 29 January 2020, Rulefinder reported a temporary short selling ban in two countries.