On 24 October 2024, AFME issued guide for wholesale secondary market firms. AFME and Linklaters issued the MiFIR/MiFID II reforms in the EU and the UK: Implementation Guide for firms operating in wholesale secondary markets. Follows ESMA July 2024, consult, firms MiFID II order execution policies. Follows UK FCA July 2024, proposals to build up…
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Hong Kong – SFC Takeover Table Updated
On 28 October, the SFC updated its Takeover table to reflect the following: offer period commenced for Jiayuan Services Holdings Limited (stock code: 1153) effective 27 October offer period closed for China Evergrande New Energy Vehicle Group Limited (stock code: 0708) effective 25 October Visit SFC Takeover Table
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Egypt – MPED Discussed Foreign Direct Investment Strategy
On 21 October 2024, EGY MPED discussed foreign investment national strategy. EGY MPED hosted a consultative meeting attended by 17 ministries and entities in order to discuss the draft of the National Strategy for Foreign Direct Investment. Prepared within the framework of the close partnership with the World Bank Group. Overview Comes within the government's…
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France – AMF Releases Tool to View Short Selling Data
The AMF has released an interactive tool for viewing short selling (VAD). Provides visual representations of the historical consolidated data collected by AMF Consolidated data is derived from short selling disclosures made to the AMF Disclosures made public under the EU Short Selling Regulation Link to the AMF's press release Link to the AMF's BDIF…
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Japan – Revisions to Shareholding Systems
On 15 October 2024, JPN JSDA revised Rules for cumulative stock investments. JPN JSDA announced revisions to the Rules for the handling of cumulative stock investments and mini stock investments and the Guidelines for shareholding systems. As per revised Cabinet office ordinance on the definitions under article 2 of financial instruments and exchange act, which…
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S Korea – FSC Short Selling System Improved
On 15 October 2024, SK GVT said the short selling system bill will be presented to the Cabinet meeting on 15 October 2024; once approved, it will be valid from 31 March 2025.
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