On 3 August 2022, the Egyptian Exchange (EGX) announced an update to the criteria of securities eligible for short selling. Updated list of eligible securities for short selling.
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U.S. – SEC Publishes Form 13F Data Sets
On 2 August 2022, SEC announced Form 13F data sets available to be downloaded. Provides securities holding information required of institutional investment managers.
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Australia – Gov’t Issued Foreign Acquisition / Takeover Fees Rules
On 29 July 2022, AST GVT registered compilation no. 2 of the Foreign acquisitions and takeovers fees imposition regulations 2020, showing the text as in force 29 July 2022. Compilation issued to reflect changes made by the amending instrument noted above.
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S Korea – FSC Illegal Short Selling Measures
On 28 July 2022, SK FSC issued new detection and punishment measures. SK FSC announced measures to strengthen detection and punishment of illegal short selling, and enhancing a short selling related system jointly with related organizations. Follows SK FSC December 2020 updated on passage of illegal short-selling bill. Meeting SK FSC Chairman Kim Joo-hyun presided…
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Luxembourg – CSSF Takeover Bids Law
On 24 July 2022, LUX CSSF published consolidated law on takeover bids. LUX CSSF published consolidated version of law of 19 May 2006, dated 20 July 2022. The law transposes EU directive 2004/25/EC of 21 April 2004 on takeover bids. Applies to takeover bids for securities of companies governed by laws of EU member states…
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Switzerland – Takeover Board Decision on MCH Group AG
On 28 July 2022, SWI Takeover Board issued decision on restructuring of MCH Group. SWI TOB issued decision on the non-existence of an obligation to make takeover offer re MCH Group AG in connection with the restructuring of the MCH Group. MCH Group The primary purpose of the MCH Group is the acquisition, sale, management…
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