On 16 June 2020, ICL CB issued decision extending revised benchmark limits for the notification of short positions in equities admitted to trading on a regulated market. Decision enters into force on 17 June 2020 and is valid for a period of three months. Requires everyone, natural or legal, to notify the ICL CB of […]
On 17 June 2020, ESP CNMV issued rules for period of forced right of sale. ESP CNMV release on BME share sales orders during period of forced right of sale. Followed March 2020, ESP GVT authorized purchase of Spanish exchange. Takeover Bid Announcement On 16 June 2020, SIX Group AG (SIX) communicated, in line with […]
On 16 June 2020, IND SEBI issued (substantial acquisition of shares and takeovers) (amendment) regulations, 2020 which enter to force on publication in official gazette. Regulation 3, in sub-regulation(2), states that the acquisition beyond 5% to 10% of voting rights in target company shall be allowed in 2020-21 only in respect of acquisition by a […]
On 17 June 2020, EU ESMA issued revised guideline with reference ESMA35-36-1946.
On 11 Jun 2020, ITA CB issued 2nd update of circular 303 on reporting statistics. Followed May 2020, ECB guidance notes to reporting agents on SHS Reg. Adjusted reporting rules to take into account the recent changes to the ECB guidance. Reporting changes are effective starting from accounting dates of 30 June 2020.
On 11 June 2020, MEX GVT issued draft rules on procedures before registry. Draft to amend rules for management of procedures by electronic means before National Foreign Investment Registry of February 2015 to help contain Covid-19 spread. Overview Regulation presented by Directorate General for Foreign Investment on procedures by electronic means before cited registry so […]