On 23 July 2020, ESP CNMV reported on effect of ban on Spanish markets. Analysis of effect of restrictions on short selling on Spanish stocks March and May 2020. Comparative analysis of evolution of shares part of Ibex 35 and German Dax 30. Considers various variables (in Germany no short selling ban was applied due […]
On 21 July 2020, BNG CB issued circular on remittances of dividend to non-resident shareholders, regarding submission of documents against such remittances. As part of ongoing liberalization to bring uniformity between regulations for enterprises of specialized zones (EZs/HTPs/EPZs) and those of non-specialized zones. Re remittances on account of dividend, decided authorized dealers (ADs) shall no […]
On 22 July 2020, AIMA analysed short selling responsible investment. AIMA report discussed whether short selling is compatible with responsible investment. Uses the example of environmental risk to demonstrate the link between the concepts. Presents simplified, theoretical discussion of how environmental risks could be hedged. Uses carbon footprinting, to show how short sales could be […]
On 20 July 2020, US spoke on committee on foreign investment (CFIUS). Keynote remarks by US Treasury assistant secretary for investment security, Thomas Feddo, at the American conference institute’s sixth national conference on CFIUS. CFIUS is an interagency committee reviews foreign investment transactions in US and certain real estate transactions by foreign persons from national […]
On 17 July 2020, JPN SESC recommended disclosed fine on Freesia Macross. JPN SESC recommended a ¥12mn fine against Freesia Macross Co., Ltd., for failing to disclose its trades with its board member in its FY3/17 and FY3/18 securities reports. Having not included the relevant information in its consolidated financial statements. Accordingly, the company violated […]
Rulefinder reports temporary short selling ban in effect 21 July 2020.