Discover how the unwinding of COVID-19 volatility impacts UCITS KIIDs and PRIIPs KIDs in 2025. Learn about updates, risk indicator changes, and how Funds-Axis can support your compliance needs.
SEC Extends Compliance Deadline for Short Selling Rule 13f-2 – What It Means for You On 7th February, 2025, the U.S. Securities and Exchange Commission (SEC) announced a one-year extension for the compliance date of Rule 13f-2 and Form SHO reporting. This means the first Form SHO filings are now due by 17th February, 2026,…
Revised Guidelines for China Disclosure Rules Under Articles 13 & 14 of the Takeover Measures To ensure the correct understanding and application of Articles 13 and 14 of the ‘Administrative Measures for the Acquisition of Listed Companies,’ the China Securities Regulatory Commission (CSRC) has introduced new guidelines. On 5th January 2024, the CSRC drafted the…
UK Short Selling Regulation 2025: A New Era The regulatory landscape of short selling in the UK has been on a dynamic journey. Initially, the UK’s own short selling regime set the stage. Then, in 2012, the introduction of the Short Selling Regulation (EU) No 236/2012 (SSR) harmonised the UK’s approach with that of other…
On September 25, 2024, the Securities and Exchange Commission (SEC) announced settled charges against 23 entities and individuals for failing to timely report their holdings and transactions in public company stocks. This enforcement action, focused on Schedules 13D, 13G, and Forms 3, 4, and 5, underscores the SEC’s commitment to enforcing shareholder disclosure rules and maintaining transparency in financial markets.
Among the entities penalised are some of the largest and most recognisable names in the corporate world, including Alphabet and Goldman Sachs. The total fines levied amount to more than $3.8 million.
On 19th September 2024, the Financial Conduct Authority (FCA) issued a statement outlining its plans to overhaul the existing PRIIPs legislation in the UK. The new framework Consumer Composite Investments aims to enhance flexibility and address long-standing industry concerns, particularly in the area of cost disclosures.
As of September 12th, 2024, the Financial Supervision Commission (FSC) in Bulgaria has introduced important updates to the Significant Shareholding Notification Form (as per Article 145). This form is a legal requirement for shareholders who cross specific thresholds – 5% or multiples of 5% – of voting rights in publicly traded companies on regulated markets.
These recent changes reflect the FSC’s ongoing efforts to streamline reporting processes and ensure greater clarity and transparency for market participants. Let’s break down the key updates and explore how they affect shareholders.
In an effort to align with international standards and enhance transparency within the market, the Financial Services Authority of Indonesia (Otoritas Jasa Keuangan, or OJK) has introduced a significant update to the ownership reporting requirements for public companies. On 28th February, 2024, the OJK issued Regulation Number 4 of 2024 (POJK.4/2024), replacing the previous Regulation…
The Securities and Exchange Commission (SEC) is ushering in a new era of transparency with the introduction of Rule 13f-2, a significant amendment to the Securities Exchange Act of 1934. Effective from 2nd January, 2025, this rule is set to enhance the visibility of short selling activities by requiring institutional investment managers to report detailed…
The COVID-19 pandemic brought unprecedented volatility to global financial markets, leading to significant fluctuations in UCITS and PRIIPs risk indicators. As we approach 2025, the industry must prepare for a major shift in these metrics, triggering the need for widespread KIID and KID document updates. COVID-19’s Impact on Market Volatility The onset of the global…
