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 20 December 2024, NLD AFM fined VDVI 3mn EUR for market manipulation. NLD AFM fined VDVI BV a financial holding firm 3mn EUR for market manipulation. Misconduct VDVI BV is primarily engaged in the purchase, development, exploitation as well as sale of real estate which artificially increased the price of a listed equity fund. […]
On 18 December 2024, HKEX introduced a web-based HKEX data marketplace. HKEX introduced web-based HKEX data marketplace to improve access to historical and reference data; features a modern interface as well as multiple delivery channels. Including cloud transfer, along with direct data access for enhanced user convenience. Scope HKEX explained that the initial offerings include […]
On 5 December 2024, ARG CNV has made the obligation to report more flexible. ARG CNV issued General Resolution 1035/2024 re flexibility of substantial shareholdings report. Highlights Criteria and deadlines will be modified to ensure data transparency and improvement. From 5% threshold, substantial shareholding must be reported when reach multiples of value. 10 business days […]
On 26 November 2024, the central government in India announced several proposals aimed at reforming the insurance sector, including raising the FDI limit for Indian insurance companies from 74% to 100%. Comments on the proposed amendments should be submitted by 10 December 2024 eMail to consultation-dfs@gov.in Government Office Memorandum is available here.
On 20 November 2024, AST ASIC said Mr Hatch was convicted and sentenced for failing to disclose his substantial shareholding in Copper Strike Limited and providing false information. He was sentenced to six months imprisonment, released immediately upon paying a AUD 2,000 fine; conditional release requires good behavior for 12 months. Pleaded guilty to authorizing […]