On 3 July 2020 FINFSA issued details on reporting of net short positions.
- FINFSA issued information regarding online services for reporting of short positions.
- Follows, EU ESMA June 2020 renewed decision requiring holders of net short positions, traded on EU market, to notify NCA if position reaches or exceeds 0.1%.
Requirements
- Obligation to report short net positions applies to all investors and market participants if net investment position reaches, exceeds/falls below a set threshold currently 0.1%.
- FINFSA must be notified of net short positions in shares listed on the Helsinki Stock Exchange and FIN GVT bonds by 3.30pm on the trading following the transaction.
