Tag Archives: substantial shareholding

New Zealand – Fines for Market Manipulation Re: Substantial Shareholding

On 6 November 2025, NZFiMA alleged a retail investor manipulated STU shares. NZFiFMA filed civil proceedings against Franco Belgiorno-Nettis, a retail investor, for alleged market manipulation of Steel and Tube Holdings Limited (STU) shares. Allegations Between November 2020 and July 2023, Belgiorno-Nettis traded STU shares via accounts he held with ASB Securities; the orders repeatedly…
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Thailand – CB Tightening Substantial Shareholding Disclosure

On 29 September 2025, Thai CB issued five notifications to finalize consultation tightening substantial shareholding. Thai CB has tightened substantial shareholding disclosure and approval rules for more than 5% and 10%, strengthened related-party lending controls, provided conditional relaxations for foreign bank branches, and expanded risk-based supervision to group level. Individuals or related parties holding 5%…
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