Bulgaria Substantial Shareholding

September 2024 Bulgaria Substantial Shareholding Update The Financial Supervision Commission (FSC) has issued new disclosure forms to notify holdings which exceed the thresholds of 5% or multiples of 5% of the voting rights in relevant issuers. The text of the previous disclosure form remains unchanged, However the form is now split into two separate documents […]

Saudi Arabia Sensitive Industries

September 2024 Saudi Arabia Sensitive Industries Update As part of attempts to attract investment, the Ministry of Investment of Saudi Arabia (“MISA”) has published a new ‘Investment Law’ (Royal Decree No. M19/1446) to replace the existing ‘Foreign Investment Law’ (Royal Decree No. M1/1421). Among other things, the Investment Law: Intends to apply to both domestic […]

China Substantial Shareholding

August 2024 China Substantial Shareholding Update The Interim Measures for the Management of Divestment of Shares by Shareholders of Listed Companies (the New Measures) issued by the China Securities and Regulatory Commission (the CSRC) on 24 May 2024, which took effect on the same date and replaced the Provisions on Divestment of Shares by Shareholders, […]