On 19 March 2025, SWE FI fined Stenvalls Tra Aktiebolag for late notifications. SWE FI imposed penalty of SEK 1,400,000 on Stenvalls Tra Aktiebolag for failing to report substantial shareholding transactions with shares in Genesis IT AB to SWI FI within prescribed time. Fine is per Act 2016:1306 supplementary provisions to EU Market Abuse Regulation. […]
The U.S. continues to lead countries that issue sanctions for Global Shareholding Disclosure Sanctions. What other trends have we uncovered? Read the full article.
On 14 March 2025, JPN FSA proposed an order re tender offer, shareholding. JPN FSA proposed a cabinet order and cabinet office ordinances pursuant to the Act amending the financial instruments and exchange act and Act on investment trusts. Including revisions to the tender offer and large shareholding reporting systems. On the same day, JPN […]
On 3 March 2025, PAK SEC notified that all unlisted firms newly incorporated from 3 March 2025 shall hold and issue shares in book-entry form only, not in physical form. The notification specifies CDS-issued documents, relevant returns on the prescribed form notifying detail of changes in shareholding that the unlisted firms must attach. PAK SEC […]
On 3 March 2025, LUX CB issued circular letter on FDI data collection. LUX CB issued circular letter ST.25-0026 on foreign direct investment (FDI) survey. Also published the documents on survey and guide on foreign direct investment 2024. Composed of 4 questionnaires including questionnaire 1 general information; questionnaire 2 shareholding; questionnaire 3 holdings; questionnaire 4 […]
On 25 February 2025, POL GVT issued a draft of commercial company code changes. POL GVT published a Draft act amending the Commercial Companies Code and certain other acts, coordinated by the Minister of Justice, on changes to shareholding rules. Follows POL GVT September 2019 amended the code on shareholder registers. Draft Overview The Act […]