On 16 April 2026, Thai GVT proposed revising definition for derivatives firms. Thai GVT said Thai SEC commenced consultation on a draft notification revising the definition of major shareholder for derivatives business operators. The objective is to strengthen oversight by capturing the true controlling persons and aligning rules with those applied to securities firms and…
Read more
India – SEBI Relaxes Minimum Public Shareholding Requirements
On 7 April 2026, IND SEBI relaxed minimum public shareholding requirements. IND SEBI granted one-time relaxation from applicability of penal provisions under the SEBI (listing obligations and disclosure requirements) regulations, 2015 for minimum public shareholding (MPS) requirements. Follows representations from an industry body highlighting difficulties faced by listed entities due to capital market volatility arising…
Read more
Taiwan – FSC Commercial Banks Investment Minimum Shareholding
On 2 April 2026, TAI FSC, TAI Justice issued order to revise appendix of paragraph 3 of Conditions to Be Met and Documents to Be Submitted by Commercial Banks Investing in Other Enterprises. The minimum required shareholding for first-time investments in certain financial institutions has been increased from more than 10% to more than 25%,…
Read more
India – SEBI Revised Rules on Minimum Public Shareholding
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…
Read more
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…
Read more
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…
Read more