On 31 March 2022, AST GVT registered foreign acquisitions and takeovers amendment regulations 2022; these regulations commence on the day after they were registered. The regulations reduce regulatory burden for foreign investors that engage in moneylending, invest in unlisted land entities or Australian media businesses. As well as those that acquire shares or units under […]
On 18 March 2022, RSA FSCA increased foreign portfolio investment limits. RSA FSCA published circular announcing increased foreign portfolio investment limits. (Document dated 18 March 2022, received 24 March 2022, and summarized on 26 March). Overview On 23 February 2022, RSA CB indicated foreign investment limits have been increased. Regulation 28(3)(i) states aggregate exposure to […]
On 16 February 2022, RUS GVT amended law regarding foreign legal entity. RUS GVT issue law making amendments to Articles 28 and 29 of the law on protection of competition and law on the procedure for making foreign investments in business companies of strategic importance for ensuring national defense and state security. Provides for specifics […]
On 14 February 2022, AST GVT, AST FIRB on foreign investment reforms. AST GVT issued exposure draft regulations on foreign acquisitions and takeovers amendment regulations 2022; discussion paper on 2022 foreign investment reforms. The exposure draft regulations are an immediate response to the final report on the evaluation of the 2021 foreign investment reforms which […]
On 21 January 2022, RUS CMP proposed changes to foreign investments law. RUS CMP described amendments to the law on foreign investments proposed by RUS CMP aimed at eliminating legal uncertainty; changes will only affect 5% investments. Follows RUS CMP March 2021 law on foreign investments. Follows RUS CMP July 2021 fishing industry protection from […]
On 14 January 2022, IND SEBI gazetted SEBI (foreign portfolio investors) (amendment) regulations, 2022, which will come into force on the date of their publication. Inserted section on exemption from strict enforcement of regulations in other cases. The board may grant relaxation from the strict enforcement of any of the provisions of these regulations, subject […]