I. Shareholder notification in the Netherlands On 23 May 2019, the Dutch government submitted a legislative proposal to classify a shareholding of 2% in a listed company as a substantial shareholding (“Proposal”). With this Proposal, the initial statutory threshold for shareholders to notify their shareholding will be lowered from 3%…
On 2 July 2019 the United Arab Emirates (UAE) Cabinet announced the relaxation of foreign ownership restrictions for…
On 28 June 2019, the Dutch government presented the new climate agreement (Klimaatakkoord). It contains a set of…
Investors in Africa face an increasingly complex business environment, with numerous geopolitical and economic risks to consider, as well as having to comply with varying legal requirements across the continent. There is no denying that doing business in Africa in the current economic and political climate is difficult, and this…
In a nutshell: Issuance of bearer shares not permissible anymore after 1 January 2020. Automatic conversion of existing…
On 15 February 2019, the Securities and Exchange Commission (SEC) released the Memorandum Circular No. 4, Series of…
A brief outline of the Conduct of Financial Institutions Bill, its effect on the financial industry and implications for consumers. It is fair to say that there has been a steady increase in financial sector conduct regulation over the last decade, not only in South Africa but indeed globally. Some…
Ahead of the Baker McKenzie African Transactional Summit taking place in Johannesburg in May 2019, Baker McKenzie lawyers based…
On 10 April 2019, the Monetary Authority of Singapore (MAS) issued a consultation paper on the Proposed Payment…
Listed PLCs’ preparations are well underway for compliance with the 2018 Corporate Governance Code (Code). Preparation for compliance with The Companies (Miscellaneous Reporting) Regulations 2018 (2018 Regs)[1] is much less advanced, largely due to continued uncertainty as to their scope and, in particular, whether they apply to listed PLCs and their groups at…