On 18 September 2020, Thai SEC removed the restrictions on holding of investment units to reduce obstacles in expanding mutual fund size and compliance burden on businesses. Cancels restrictions on allocation and transfer of investment units, changes reporting requirements and amends the percentage of unit-holders holding investment units. The management company must not count the […]
On 21 September 2020, SWE FI announced short selling reporting system launch. SWE FI announced new reporting system for short selling being launched this week. Blankningswebben will be available to position holders and reporters this week. Reporting via email will be possible for two weeks only after Blankningswebben launch. Effectiveness SWE FI to release exact […]
On 21 September 2020, FINFSA said short selling reporting limit still 0.1%. FINFSA requires notification from a natural or legal person holding a net short position. Where short in a share trading on a regulated market, notify competent authority of details of position if it reaches, exceeds or falls below 0.1% of the issued share […]
On 18 September 2020, AST GVT issued two exposure drafts for stakeholder feedback. Foreign investment reform (protecting Australia’s national security) regulations 2020 and foreign acquisitions and takeovers fees imposition regulations 2020. The exposure draft on regulations includes remainder of regulations, namely on time limit of call in power, streamlining measures, integrity and technical amendments. The […]
On 17 September 2020, ESMA has renewed its decision requiring holders of net short positions to report positions of 0.1% and above. The measure applies from 18 September 2020 for a period of three months.
On 16 September 2020, SFC took action re International Housewares Retail. Commenced disciplinary proceedings against Ngai Lai Ha, chairperson of International Housewares Retail Company Limited over breach of code on takeovers and mergers. SFC alleges that in a number of acquisitions of the company’s shares, Ngai acquired each time more than 2% voting rights from […]