On 2 June 2025, GE Bundesbank issued file naming conventions for NExt specialist. Supervisory Notifications, Reports: Uploading Documents to reporting work area. Notification regulations under Payment Services Supervision Act (ZAG), Securities Trading Act (WpIG), Banking Act (KWG) alllow it to convert notification, reporting, filing obligations, previously fulfilled by paper-based submissions, to electronic filing format. Implementation will…
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Romania – ROM ASF Entity Acquisition/Takeover Criteria
On 28 May 2025, ROM ASF published draft law on acquisition assessments. ROM ASF issued draft regulation amending Reg 3/2016 on criteria and procedure for assessment of acquisitions/takeover and shareholding increases in FSA-regulated entities. Purpose Clarify assessment processes for acquisitions/takeovers, increases in shareholding in regulated entities. Aligns and harmonizes Reg 3/2016 to provisions of ESAs…
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China – CB, CHI SAFE Foreign Listing Funds Re: Shareholding
On 23 May 2025, CHI CB, CHI SAFE proposed measures re overseas listing. CHI SAFE, CHI CB proposed Notice on issues concerning management of funds for overseas listing of domestic enterprises, to facilitate cross-border financing for firms. Background CHI CSRC has transitioned from approval-based to filing-based regime for overseas listings and full circulation of H-shares;…
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India – RBI Fined Jana Small Finance Bank Over Shareholding Limits
On 9 May 2025, IND RBI said it fined bank INR 10mn over shareholding limits. IND RBI said it fined Jana Small Finance Bank Ltd INR 10mn for fails re shareholding limits. Reason for Penalty Breached Banking regulation act, regarding shareholding limits of paid-up share capital. The bank issued compulsory convertible preference shares (CCPS) that…
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Norway – OSLO Information for Shareholding
On 1 April 2025, NOR OSLO issued example and key legal information. NOR OSLO issued example, key legal information for shareholding in Norwegian public limited companies listed on Euronext Oslo Børs or Euronext Expand Oslo. Overview It is a summary of certain Norwegian legal issues related to shareholding in Norwegian companies listed on Euronext Oslo…
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UN – PRI Schedule 13(D), 13(G) Substantial Shareholding Reporting
On 22 April 2025, UN PRI issued policy briefing re disclosure reporting. UN PRI issued policy briefing, FAQ discussing schedule 13(D) and 13(G) reporting. Provided high-level overview of a specific regulatory provision of US SEC governing filings for investors with substantial shareholding of 5% or more of any class of company’s outstanding stock. Follows February,…
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