On 6 March 2024, AIMA filed amicus brief in case challenging SEC rules. AIMA jointly with National Association of Private Fund Managers (NAPFM) and MFA filed brief challenging the SEC’s securities lending and short position reporting rules. Follows 3 November 2023 SEC securities lending final rule and SEC short position final rule both became effective […]
On 5 March 2024, Thai SET issued rules on period for disclosing information. Thai SET revised time for disclosing information, following extended afternoon trading. Revisions Period for disclosure during intermission will be 12.30-13.00, instead of 12.30-13.30. This will enable investors to receive sufficient information for their decision making. A listed company shall disclose information without […]
On 4 March 2024, SK FSC, SK FSS proposed revisions re corporate mergers. SK FSC and SK FSS proposed revisions to Enforcement decree of capital markets act. Also Regulations on issuance and disclosure of securities, to protect rights of general shareholders in the M&A process, improve global consistency of the merger system. Follows February 2024 […]
On 1 March 2024, TAI Trust informed members that TAI FSC encouraged the use of responsible person and major shareholder information inquiry platform of TAI DCC.
On 1 March 2024, DEN GVT published updated version of capital markets act. DEN GVT published an updated version of the Capital Markets Act, building on previous legislation that applies to all of the actors and their behavior on the capital markets. Changes are in LBK 198/2024 of 26 February 2024, building on LBK 42 […]
On 27 February 2024, LUX CB informed of foreign direct investment survey. LUX CB issued documentation for the foreign direct investment (FDI) 2023 survey. Main Points The FDI survey applies to all resident credit institutions that have direct investment relationships with their investors abroad or their non-resident affiliates or branches. The forms, duly completed and […]