On 16 September 2025, GRE CB issued amended rules re qualifying holdings. GRE CB published Executive Committee Act of Sep. 2, 2025, amending Act of CB PD/TE 120 of Jul 11, 2011, on Precautionary assessment of the acquisition and increase of qualifying holdings in an insurance or reinsurance undertaking. Overview The amendment addresses the precautionary […]
On 20 August 2025, PAK SEC issued proposal re substantial shareholding reporting. PAK SEC proposed amendments to Companies regulations 2024 re shareholding change reporting requirements. Follows PAK SEC March 2024 issued circular re filing return with the registrar. Overview of Draft Amendments Non-listed companies must report substantial shareholding, membership, or voting rights changes exceeding 25% […]
On 26 August 2025, JPN FSA compiled substantial shareholding reporting laws, Q&A. JPN FSA published the Summary of laws, regulations, and Q&As concerning material proposal acts and joint holders under the substantial shareholding reporting system toward constructive dialogue between institutional investors and investee companies. Outline of Summary Summary reflects the Japanese stewardship code revised in June […]
On 18 August 2025, IND SEBI proposed review of large issuer requirements. IND SEBI issued consultation paper on Review of requirement of minimum public offer and timelines to comply with minimum public shareholding for issuers in terms of Securities contracts (regulation) rules, 1957. Proposals aim to facilitate larger IPOs without market oversupply concerns. Recent large […]
On 1 August 2025, AUT FMA imposed a €120,000 fine for late substantial shareholding notification. AUT FMA imposed a €120,000 fine on Global Alpha Capital Management Limited for late substantial shareholding notification. Main Points Imposition of a fine of €120,000 for late substantial shareholding notification of exceeding the 5% limit for shareholdings in an issuer’s […]
On 4August 2025, Thai CB consulted on shareholding, transaction regulations. Thai CB launched a consultation on a draft announcement to revise regulations governing shareholdings of financial institutions and holding companies that are parent companies of financial business groups. It is also consulting on regulations related to transactions between financial institutions and their major shareholders or […]