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…
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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…
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Hong Kong – SFC Substantial Shareholding Alert
On 14 May 2025, the SFC updated its substantial shareholding tables to include the following: substantial shareholding in Ocean One Holding Ltd. (Stock Code: 08476)
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14 May 2025 – India SEBI Fines for Substantial Shareholding Reporting Failures
India SEBI Fines for Substantial Shareholding Reporting Failures
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9 May 2025 – Poland Fines for Failure to Report Substantial Shareholding
Poland Fines for Failure to Report Substantial Shareholding
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New Zealand – FiMA Market Manipulation Case Re: Substantial Shareholding
On 1 May 2025, NZFiMA said Kok Ding Cheng has been ordered to pay a pecuniary penalty of NZD 198k for market manipulation pertaining to substantial shareholding. The Court found Mr Cheng deliberately placed trades worth NZD 59 - 540 to inflate RUA share prices, breaching section 265 of the Financial markets conduct act 2013.…
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