On 6 December 2023 Nasdaq Nordic updated rules for Stockholm, Growth Market. Takeover rules for Nasdaq Stockholm and Nasdaq First North Growth Market Sweden. Takeover Rules Updated takeover rules for regulated markets and the takeover rules for certain trading platforms, administered by Swedish Stock Market Self-Regulation Committee. The takeover rules for regulated markets and the […]
On 5 December 2023, SK FSS issued plan to hold corporate disclosure briefing. SK FSS issued a plan to hold briefing sessions on corporate disclosure. Aims to ensure that important corporate information is faithfully provided to the market by improving understanding of employees responsible for corporate disclosure. Briefing Sessions SK FSS has held briefing sessions […]
On 1 December 2023, MLY BML updated the short selling approved securities list to include 33 new approved securities and removed five existing approved securities from the list. The updated short selling list of approved securities will be effective from 15 December 2023.
On 4 December 2023, in an open letter to the European Commission (EC), the Managed Fund Association(MFA) recommended targeted reforms to the EU short selling regulation. Open letter is in response to EC’s call of evidence on short selling regulation Short selling is an essential tool that improves market efficiency, helps uncover corporate fraud, and […]
On 29 November 2o23, SWI DP issued mediation decisions on access to takeover data. SWI DP published recommendations following takeover of Credit Suisse (CS) by UBS. Main Points Following the takeover of Credit Suisse by UBS, several applications for access to information were submitted under the Freedom of Information Act that were refused. By invoking […]
On 28 November 2023, UK FCA issued an update on recent UK Treasury activity re short selling regulations 2023 and 2024, response on sovereign debt/credit default swaps. Following its Short Selling Regulation Review call for evidence, UK Treasury laid statutory instrument which increases notification threshold for reporting of net short positions to FCA from 0.1% […]