On 8 June 2026, Consob issued its Form 120 (TR-1) substantial shareholding form in English and provided additional information for filing through the SHINE portal. Information contained in the Bulletin includes: An English translation of the new Form 120 (TR-1) Updated information on how to access the SHINE portal Updated contact information for queries relating…
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Hong Kong – Issued Substantial Shareholding Notice
On 27 May 2026, the SFC issued a substantial shareholding notice in Guanze Medical Information Industry (Holding) Co., Ltd. (Stock Code: 02427).
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Japan – FSA Updated Substantial Shareholding Forms
On 17 April, the FSA in Japan released updated Substantial Shareholding Forms 1 & 3. forms are now available in EDINET; the new forms take into account the pending reforms which are effective from 1 May 2026. This link notes the update to the EDINET system.
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Hong Kong – SFC Updates Substantial Shareholding Notices and Takeover Table
On 14 March 2026, the SFC updated substantial shareholding notices and the Takeover Table with the following: Substantial Shareholding in Modern Chinese Medicine Group Co., Ltd. (Stock Code: 01643) and, an offer period has commenced for Somerley Capital Holdings Limited (stock code: 08439) from 13 April 2026.
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U.S. Falls from Top Three in Global Shareholding Disclosure Sanctions
In March, we conducted a review of the 2025 sanctions imposed on entities for failures to comply with Global Shareholding regimes: Major Shareholding, Short Selling, Takeovers, and Sensitive Industries. Read the full article.
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S Korea – FSS Guidance on Substantial Shareholding Disclosure
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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