On 13 March 2026, IND SEBI revised rules on minimum public shareholding. IND SEBI published the Securities contracts (regulation) amendment rules, 2026, which amends rule 19 of the Securities contracts (regulation) rules, 1957, regarding minimum public shareholding (MPS) requirements for companies seeking IPO. Follows IND SEBI August 2025 proposed review of large issuer requirements. Highlights…
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E.U. – Company Control by Listed Person Re: Shareholding
On 12 March 2026, ECJ ruled entity assets frozen if controlled by listed person. ECJ issued judgement C-84/24 EM System, regarding assets of company not included on list of persons subject to sanctions may be frozen if it is controlled by a person included on that list. i.e., listed person has a 50% shareholding in…
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Australia – ASIC Ownership Transparency, Substantial Shareholding
On 10 March 2026, AST ASIC proposed to enhance beneficial ownership disclosure. AST ASIC issued consultation paper 387, enhanced beneficial ownership disclosure-proposed legislative instrument, form and guidance (CP 387). Aims to respond to reforms in schedule 1 of the Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Act 2025 (amending act). Follows AST GVT…
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Luxembourg – CSSF GFI Shareholding Approval
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…
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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…
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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…
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