On 3 February 2025, JPN FSA issued the 4th edition of 2024 examples of good disclosure practices on corporate governance, shareholding based on 4th study group session’s discussions. Additions concern overview of corporate governance, audit, and shareholding status.
On 28 January 2025, SIN MAS revised FAQs on licensing of fund management companies. Removes specific thresholds (e.g., 20% shareholding or voting power) for determining effective control, and provides a direct URL to the application form.
On 10 January 2025, CHI CSRC issued interpretation for acquisition / takeover measures. CHI CSRC issued Interpretation no. 19 to clarify, standardize the application of articles 13 and 14 of the Measures for the administration on acquisition / takeover of listed companies. Interpretation Details Thresholds of 5%, 1% in articles 13, 14 apply only to […]
On 10 January 2025, IND SEBI proposed to increase size criteria on disclosure. IND SEBI proposed to increase size criteria under additional disclosure framework. Follows IND SEBI August 203 issued circular on additional disclosures by FPIs. Proposal Threshold for equity assets under management (AUM) requiring additional disclosures proposed to be upped to INR 50k crores, […]
On 6 January 2025, PAK SEC directed re safeguarding unitholder proxy rights. PAK SEC released direction (of Jan. 1) on Requirements related to conduct of asset management companies (AMCs) representing unitholders of collective investment schemes (CIS) in listed companies’ general meetings, about safeguarding proxy rights. General Meeting Requirements AMCs are encouraged to attend all general […]
On 13 December 2024, ARG CNV modified privatization policy standards. ARG CNV issued General Resolution 1037/2024 to modify standards (NT 2013, mod.). The Resolution modified rules on takeover bids that do not involve changes in control. Highlights Resolution 1037 clarified provisions applicable to Public Acquisition Offers (OPA) within the framework of the privatization policy promoted […]