Category Archives: Press Release

Kazakstan – SA Releases Rule Updates

Update includes changes to the Substantial Shareholding threshold and time to report. Changes to Sensitive Sectors which include new restrictions on foreign ownership in airlines.        
Read more

SA Expands Consolidated Takeover Feed to 14 Countries

Solutions Atlantic has expanded its consolidated takeover list to 14 countries; now including Australia, Cyprus, and Malaysia. This consolidated takeover feed supports the takeover reporting obligations simplified by the Regulatory Reporting System. Also released are updated forms for UK TR-1 and Hong Kong SFC Form 2 both of which become effective in the coming weeks.
Read more

Iceland – SA Releases Short Sale Reporting Rule

As previously reported in April 2017, the Icelandic Financial Supervisory Authority announced its proposal to implement the EU Short Selling Regulation into Icelandic law. SA has released the ESMA SSR Rule for Iceland ahead of the effective date, 1 July 2017. More about the ESMA SSR rule: The short selling regulation is a regulation of…
Read more

RRS Supports EU Net Short Position Sovereign Issuer Thresholds

The EU issued net short position notification thresholds for sovereign issuers on 1 May, 2017. According to Article 7(2) of the Short Selling Regulation, ESMA has to publish a list of the thresholds applicable to the sovereign issuers for the purpose of the notification to competent authorities of significant net short position in sovereign debt.…
Read more