This is a short article on UK takeover regulations and was prepared for the meetings with the specialists on Takeovers in the UK. Further, “Notice to Advisers in Contested Bids” which was added at the end of this note is the notice put up on the wall of the waiting room of the UK Takeover Panel

This paper deals with the "Tender Offer" system and the "Large Shareholding Report" system under the Financial Instruments and Exchange Act of Japan. Before explaining the details of regulations, an introduction to the situation in Japan regarding tender offers and corporate takeovers is given