On 25 September 2020, DEN FSA updated guidance on application form with more FAQs. Included questions on what it means for license to be conditional; and the obligations to which a holder of a license under s33 of Danish Financial Business Act are subject.
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Sweden – Online Short Selling Reporting System Live
On 24 September 2020, SWE FI announced launch of new reporting system for short selling. SWE FI said to be able to report short net positions, position holders and reporters must create user accounts in the Reporting Portal and delegate permissions. The opportunity to report short net positions via email and form will expire in…
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E.U. – ESMA Commodity Derivatives MiFID
On 23 September 2020, EU ESMA published opinions dated 2 September 2020 on position limits. ESMA’s opinions agree with the proposed position limits re: the EEX TTF Gas contract; the Nasdaq Oslo Nordic Power contract; and the Fish Pool Farmed Salmon contract.
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Thailand – SEC Regulation of Mutual Funds
On 18 September 2020, Thai SEC removed the restrictions on holding of investment units to reduce obstacles in expanding mutual fund size and compliance burden on businesses. Cancels restrictions on allocation and transfer of investment units, changes reporting requirements and amends the percentage of unit-holders holding investment units. The management company must not count the…
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Sweden – FI Short Selling Reporting Portal Launch
On 21 September 2020, SWE FI announced short selling reporting system launch. SWE FI announced new reporting system for short selling being launched this week. Blankningswebben will be available to position holders and reporters this week. Reporting via email will be possible for two weeks only after Blankningswebben launch. Effectiveness SWE FI to release exact…
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Finland – FSA Net Short Position Limit
On 21 September 2020, FINFSA said short selling reporting limit still 0.1%. FINFSA requires notification from a natural or legal person holding a net short position. Where short in a share trading on a regulated market, notify competent authority of details of position if it reaches, exceeds or falls below 0.1% of the issued share…
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