On 15 March 2021, SWE FI said temporary lowering of limit ceases soon. SWE FI said temporary lowering of limit to notify short net position ceases on 19 March 2021. Follows SWE FI February 2021 reminded market of the rules for short selling. Follows ESMA March 2021 will not renew decision on net short positions.…
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E.U. – ESMA Expires Temporary Short Selling Reporting Threshold
On 15 March, 2021, EU ESMA said it will not renew decision that net short positions holders, traded on EU regulated market, must notify NCA if position reaches 0.1%. The measure, which has applied since 16 March 2020, will expire on 19 March 2021. Last reporting where the lower threshold of 0.1% applies will be…
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Turkey – CMB Margin Trading, Short Selling
On 10 March 2021, TUR CMB amended rules on collateralizing transactions. TUR CMB announced capital market legislation has been updated as of 10 March 2021. Communiqué amending communiqué on margin trading, short sales and lending and borrowing of securities was published in the Official Gazette 31414 dated 5 March 2021. Made changes regarding collateralizing transactions…
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South Korea – FSC Short Selling Exceptions
On 11 March 2021, SK FSC amended financial investment service regulations. SK FSC proposed amendments to financial investment services regulations short sales. Follows January 2020 SK FSC amendments for restrictions on short selling. Short Sales and Capital Increases Provides that FSC can separately determine calculation method for each type of credit. Exceptions allow for short…
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U.K. – Parliament National Security, Investment Bill
On 11 March 2021, UKP said members continued committee stage on 9 March 2021. Discussed acquisition of land near sensitive sites, minority investor veto rights and assets wholly controlled within UK higher education and research institutes. UKP issued 3rd marshalled list for committee, committee stage continues on 16 March 2021.
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Canada – CSA Response Activist Short Selling Concerns
On 10 March 2021, CSA issued comments received on activist short sale consultation.
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