On 6 January 2021, Rulefinder identified a short selling ban.
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U.K. – FCA Shareholding Disclosures
On 28 December 2020, UK FCA issued updated indicative list of instruments subject to the shareholding notification requirement under FSMA S 89F(1)(b), and according to DTR 5. The list, as of 1 January 2021 includes: transferable securities; options; futures; swaps; forward rate agreements; contracts for differences; any other contracts or agreements with similar economic effects…
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France – Foreign Investment Screening
On 30 December 2020, FR GVT issued decree 2020-1729 amending decree 2020-892 of 22 July 2020, regarding on French companies that are subject to foreign investment. This applies to all investments in France, made in French companies whose shares are able to be freely traded on a regulated market, by any investors from third countries.…
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Russia – CB Foreign Investment in Banks
On 30 December 2020, RUS CB issued rules on foreign investment in banks. RUS CB issued Ord. No. 5618-U on the procedure for the application and termination of the application by RUS CB of the measures provided by Pt 6 of Art 18 of the law on banks and banking activities and the procedure of…
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