Monthly Archives: October 2018

China – SZSE Major Shareholding, Repurchase

On 16 October 2018, SZSE issued shareholding increase, repurchase guides. Issued Announcement Format of Shareholding Increase Plan and Implementation of  Major Shareholders, Directors, Supervisors, Senior Executives of Listed Companies. Refined disclosure requirements on subject, content, and implementation status of shareholding increase where a shareholding increase plan is voluntarily disclosed. Also the Announcement Format of Share…
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Germany -BaFin Position Limits in MiFID

   BaFin issued final position limits, taking effect on 11 October 2018. Limits for Phelix power DE future/option contract, base, Phelix power DE future, peak. Phelix base: 40,416,961 MWh for spot month, 209,747,820 MWh for the other months. Phelix peak: 8,432,622 MWh for spot-month and 4,621,611 MWh for the other months.  
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Australia – ASIC Relief and Guidance on Short Selling

On 8 October 2018, ASIC issued legislation on relief, updated guidance on short selling. ASIC corporations (short selling) instrument 2018/745 provides legislative relief for ETF market makers to make naked short sales in ETFs and facilitate market making. To rely on the relief, ETF market makers are required to meet additional conditions. Also provides deferred…
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