On 11 September 2024, JPN SESC issued disclosure inspection casebook for 2023. JPN SESC published the annual disclosure inspection casebook for fiscal year 2023, to encourage market participants to take steps toward proper information disclosure (i.e. substantial shareholding). To present JPN SESC's recent efforts in inspections and details of substantial shareholding disclosure violations. Follows JPN…
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9 September 2024 – Sweden FI Fines for Late Substantial Shareholding Reporting
Sweden Fines for Late Substantial Shareholding Reporting
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Hong Kong – SFC Publishes Substantial Shareholding Notification
On 2 September 2024, the SFC issued a substantial shareholding notification. Substantial shareholding reached reportable threshold in Sanergy Group Limited (Stock Code: 02459).
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Hong Kong – SFC Issued Substantial Shareholding Announcement
On 23 August 2024, the SFC issued a substantial shareholding notification. Substantial shareholding reached reportable threshold in GoFintech Innovation Limited (stock code: 00290)
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Germany – BaFin Fines for Substantial Shareholding Reporting Failure
On 20 August 2024, GE BaFin issued €1,600,000 fine to NBSH Acquisition for substantial shareholding reporting failure. GE BaFin imposed fines totaling €1,600,000 on NBSH Acquisition LLC on 27 May 2024. The company violated obligations of section 33(1) of the German Securities trading act (WpHG) by not submitting substantial shareholding notifications within the prescribed period.…
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Poland – FSA Fines for Substantial Shareholding Failures
On 13 August 2024, POL FSA announced that an application had been submitted for reconsideration of the substantial shareholding case against Perla – Browary Lubelskie SA the decision made on 15 July 2024. Penalties were imposed on Perla – Browary Lubelskie SA, based in Lublin. Fine of PLN 4mn has been imposed for violations of…
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