On 26 November 2018 CMVM issued rules for disclosure requirements. CMVM regulation amending the disclosure requirements in regulation no 5/2008. Due to amendments introduced to Securities Code by Decree-Law no. 22/2016. Overview Changes introduced on disclosure of facts re publicly-held companies, disclosure of qualifying holdings, definition of content, and quarterly financial information. As well as […]
On 23 November 2018, the SFC updated its takeovers table to reflect a new commencement period for Tourism International Holdings Limited (Stock Code: 1626).
On 16 November 2018, the offer period for Universe Entertainment and Culture Group Company Limited (Stock Code: 1046) and the offer period for Natural Beauty Bio-Technology Limited (Stock Code: 157) was closed.
On 14 November 2018, EU ESMA updated FAQs on short selling regulation implementation. New Q4.10 clarifies that identification of relevant competent authority, following entry into application of MiFIDII/MiFIR is no longer made under Commission reg 1287/2006. But under del reg 2017/590 for the reporting of transactions to competent authorities.
On 13 November 2018 BaFin issued a version of the updated „Emittentenleitfaden“ on their website (German available; an English version is in progress). Please note, that the version of the updated „Emittentenleitfaden“ can still contain incorrect formatting and links, as the print version has not been finalized yet. In context of updating BaFin’s „Emittentenleitfaden“ the […]
On 12 November 2018, Thailand TSC refined definition of major shareholder. Amended the definition of major shareholders so “Number of shares with voting rights” means the “number of voting rights” from this date to improve clarity. “Major Shareholder” means a person who holds shares in a securities company, whether directly or indirectly, more than 10% […]