November 21, 2023 HKEX will implement changes to derivatives market position limits on 22 December 2023 Hong Kong Exchanges and Clearing Limited (HKEX) announced yesterday that new enhancements to position limits will take effect on 22…
November 2, 2023 SEC adopts Rule 13f-2 to increase transparency into Short-Selling The SEC adopted new Rule 13f-2 to provide greater transparency into Short-Selling. Rule 13f-2 will require institutional investment managers that…
October 11, 2023 SEC adopts amendments to modernize Beneficial Ownership reporting (Regulation 13D-G) The SEC adopted rule amendments governing beneficial ownership reporting under Sections 13(d) and 13(g) of the Securities Exchange Act of…
August 2, 2023 Shareholder Rights Directive For investors tracking their shareholder identification obligations required by EU issuers under SRD2: Note that ESMA and the EBA have…
July 7, 2023 Reopening of comment period for position reporting of large SBSs (proposed new Rule 10B-1) The SEC has recently reopened the comment period for position reporting of large Security-Based Swap (“SBSs”) positions (proposed new Rule…
June 22, 2023 SEC adopted rules related to SBS Last week, the SEC adopted two new rules related to the security-based swaps (SBS) markets, namely Rule 9j-1 and Rule 15fh-4(c)….
January 27, 2023 ESMA has published its 2023 budget categorizing its approx. EUR 75 million in total revenue as well as 75 million in total expenses. The agency created…
December 19, 2022 ESMA publishes an Updated Practical Guide on notifications of major holdings under the Transparency Directive The European Securities and Markets Authority (ESMA) has published an updated practical guide on notifications of major holdings under the…
December 15, 2022 Special Alert: Continuing Education Deadline Approaching This is a reminder that if you have any investment adviser representatives (“IARs”) registered in a jurisdiction that adopted the…
November 17, 2022 Australia consults on a publicly available Beneficial Ownership Register The Australian government has opened a consultation on a publicly available beneficial ownership register. On the first phase, the Government…
September 7, 2022 The European Commission’s recent report on its consultation on ESG data/ratings providers points out the following: • More than 80% of industry respondents — ESG ratings providers, users, and companies rated — favor EU regulatory intervention…
July 29, 2022 The Hong Kong Exchanges and Clearing Limited Publishes its Conclusion on Recent Position Limit Consultation The Hong Kong Exchanges and Clearing Limited (HKEX) published yesterday (28.07.2022) conclusions to its consultation on the revision of its…