On 7 July 2025, SAU CMA approved the regulatory framework for the issuance of Depository Receipts in the Saudi Capital Market corresponding to foreign shares. Introduce new security through the regulation of issuing depository receipts in the capital market for shares listed in foreign market, providing additional listing options. Allow foreign companies to register and…
Read more
Hong Kong – SFC Updates Substantial Shareholding Table
On 11 July 2025, the SFC updated its Substantial Shareholdings table to include the following: substantial shareholding in China Star Entertainment Limited (Stock Code: 00326)
Read more
U.K. – LSEG Navigating shareholding disclosure
On 1 July 2025, LSEG stated the substantial shareholding disclosure rules are currently changing fast. LSEG article on Navigating shareholding disclosure: Your guide to regulatory reporting. Article Highlights Substantial Shareholding disclosure rules are fundamental for market transparency and enforced across all global jurisdictions and regulators require investors to report to their relevant regulators whenever their…
Read more
U.S. – SIFMA Short Selling SHO Reporting
On 5 June 2025, SIFMA issued letter urging short selling reporting extension. SIFMA issued letter to the SEC to request an extension of the compliance date for certain obligations of broker-dealers reporting to the Consolidated audit trail (CAT). Follows February 2025 SEC temporary exemption from short selling report. Document dated 5 June 2025, received from…
Read more
Indonesia – Electronic Submission of Substantial Shareholding Reports
On 5 June 2025, IDN FSA issued circular regarding the electronic submission of substantial shareholding reports and share pledging activity reports for public companies. Establishes electronic system requirements for submission, publication of substantial shareholding ownership reports as well as share pledging activity reports for public companies. The circular covers mandatory electronic reporting parties, reporting requirements…
Read more
Germany – BaFin Sets Fine for Substantial Shareholding , Voting Rights Notification Failure
On 13 June 2025, GE BaFin issued €600,000 voting right notification fine. GE BaFin announced it had imposed two fines totalling €600,000 on Innovestica Holdings Inc., in a decision dated 6 June 2024, for voting rights notification violations. The obligation to notify voting rights serves to promotes capital market transparency and strengthens investor confidence in…
Read more