On 9 August 2024, AST GVT registered ASIC corporations (amendment) instrument 2024/664 and explanatory statement, commences 10 August 2024. Amends instrument 2023/688 to clarify takeover bidder must make offers for securities under the bid via relevant financial market, on next day after the date referred to in item 13. No further consultation was required in…

On 7 August 2024, the SFC updated the takeover table to close offer period for L’Occitane Holding S.A. (Stock Code:0973). Effective: The offer period closed on 6 August 2024.  

On 7 August 2024, the SFC announced a new takeover offer period for Hang Pin Living Technology Company Limited (stock code: 1682). Effective: Takeover commenced from 6 August 2024.  

On 23 July 2024, FR AMF issued decision penalizing issuer and 2 directors. FR AMF issued decision of 19 July 2024, imposing €150,000 financial penalty on Parrot for market manipulation breaches, by disseminating false or misleading information. Summary Breach attributed to two of its managers, Henri Seydoux and Gilles Labossière. Henri Seydoux received a €60,000…

On 23 July 2024, UK FB published blog on device takeover fraud. UK FB issued blog article entitled Device takeover fraud: A cheat code for fraudsters, A rising threat for financial institutions, focusing on new type of fraud on the rise in UK. Device Takeover Fraud Device takeover, or DTO fraud, involves fraudster gaining unauthorized…