On 29 April 2026, SK FTC designated groups re disclosure and cross-shareholding. SK FTC designated 102 corporate groups with total assets of KRW 5trn or more (3,538 affiliated firms) as being subject to disclosure requirement, effective 1 May 2026. It also designated 47 corporate groups with total assets of KRW 12trn or more (2,088 affiliated […]
On 24 April 2026, GE BaFin ordered UniCredit to cease its takeover adverts. GE BaFin had ordered UniCredit SpA to refrain from its inappropriate advertising in connection with the takeover process of Commerzbank AG, containing sensationalist and inaccurate statements about the current financial situation of Commerzbank AG. Order Summary With the order, GE BaFin exercised […]
On 24 April 2026, UK FCA issued Handbook Notice 140 which also contains the Short Selling Rules Sourcebook Instrument 2026 (FCA 2026/16), first issued 16 April 2026. Background: From 13 July 2026, existing exemptions for market making in UK sovereign debt will no longer apply, but FCA’s emergency powers will continue to cover these instruments. […]