On 2 March 2026, LUX CSSF issued guide on submissions to assess structure. LUX CSSF issued new guidance (in XLSX format) on documents and information to be submitted for assessing shareholding structure of approved GFIs - initial authorisation and modification of an approved GFI (qualified and non-qualified shareholders). Summary Guidance details the documents and information…
Read more
UAE – DFSA Fines Failure to Notify Change of Shareholding
On 6 February 2026, UAE DFSA issued notice, USD 504,000 fine re market abuse. UAE DFSA imposed fine of USD 504,000 on Ark Capital Management (Dubai) Limited under art 90(2) Regulatory Law 2004 for having inadequate market abuse systems and controls, and for failing to notify DFSA of a proposed change in control; contraventions during…
Read more
China – CSRC Eligible Strategic Investors Re: Shareholding
On 30 January 2026, CHI CSRC proposed expanding strategic investor scope. CHI CSRC proposed to amend the Application Opinions on Provisions 9, 10, 11, 13, 40, 57, and 60 of the Measures for the Administration of Registration of Securities Offering by Listed Companies (Legal Application Opinion No. 18). Aims to implement national policies on promoting…
Read more
Thailand – SEC Definition of Major Shareholder
On 30 January 2026, Thai SEC proposed revising definition for derivatives operators. Thai SEC proposed to revise the definition of major shareholder for derivatives business operators, to strengthen supervision up to the level of true controlling persons. The review responds to increasingly complex shareholding structures, aiming to assess the fitness and absence of prohibited characteristics…
Read more
Hong Kong – Issues Consultation on Shareholding Virtual Assets
On 24 December 2025, Hong Kong’s Financial Services and Treasury Bureau (FSTB) and Securities and Futures Commission (SFC) published the consultation conclusions on the proposal to regulate Virtual Asset (VA) dealing and custodian services. They also issued a further consultation on proposals to establish separate licensing regimes for VA advisory and management service providers. Background:…
Read more
Denmark – OAM System Outage Re: Shareholding Disclosures
On 19 November 2025, the Danish Financial Supervisory Authority (Danish FSA) announced that it is in the process of updating its shareholding Disclosure reporting system, OAM. From 26 November 2025 at 8.00am (CET) until 30 November 2025, the OAM system will be offline; users that need to submit a shareholding disclosure report should do so…
Read more