On 30 March 2026, SK FSS guided on equity transaction-related disclosure. SK FSS guided on disclosure of equity transactions and short-term capital gains. Guidance When an unlisted firm goes public, it should pay attention to the reporting type, deadline, criteria; securities convertible into stock are subject to equity disclosure. The reasons for the occurrence of…
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S Korea – FSS Substantial Shareholding Disclosure Booklet
On 19 March 2026, SK FSS updated a booklet on substantial shareholding disclosure. SK FSS issued a booklet on the shareholding disclosure system updated in December 2025. Outline of Updates The booklet reflects amendments to laws/regulations and institutional improvements, and addresses difficulties in compliance with reporting requirements. For this publication, the KOSDAQ Listed Companies Association…
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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…
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Japan – METI Fair Takeover Guide Review
On 3 February 2026, JPN METI said it will reconvene fair takeovers study group. JPN METI said it will reconvene the Study Group on Fair Takeovers, to review necessary updates on the Guidelines for corporate takeovers issued on 31 August 2023. Follows JPN METI August 2023 issued action guide for corporate takeovers. Background The purpose…
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S Korea – FSS Corporate Disclosure Guidelines
On 30 January 2026, SK FSS updated the guidelines for corporate disclosure. SK FSS issued Practical guidelines for corporate disclosure updated in December 2025. Updates re Distribution Disclosure Guidelines reflect expanded disclosure obligations re executive appointment/re-appointment restrictions and scope of disclosure re contracts among shareholders. In addition, revision of the post-disclosure form for single sales/supply…
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Poland – FSA Public Company Substantial Shareholding
On 14 January 2026, POL FSA issued position on share transaction obligations. POL FSA issued position on performance of obligations related to transactions in significant blocks of shares in public companies for the parties to the agreement. Main Points The position covers the interpretation of the provisions of the Act on Public Offering on the…
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