As reported in HedgeWeek on 27 October 2021, Man GLG, Marshall Wace and BlackRock hold the largest amount of short selling positions against UK-listed issuers. Each firm holding more than 20 individual short selling positions in the UK.
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U.K. FCA Net Short Selling Reporting
On 27 October 2021, UK FCA updated information on UK sovereign debt thresholds.
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Finland – FSA MiFID Market Data Guidelines
On 25 October 2o21, FINFSA issued rules to comply with ESMA guidance. FINFSA regulations/guidelines dated 12 October 2021 on market information obligations. Follows ESMA August 2021 translated guidelines on MiFID II/MiFIR duties. FINFSA recommends that relevant entities comply with ESMA's guidelines. ESMA's guidelines are addressed to trading entities under the control of the national competent…
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Japan – Trust Voting Rights Proposals
On 21 October 2021, JPN Trust published reform proposals on voting rights. JPN Trust published proposals made regarding regulatory and administrative reforms. Follows JPN GVT 13 August 2021 invitation to the public to make reform suggestions. Proposals Include review of rules on holding voting rights re trust accounts within the antimonopoly act; relaxation of procedures…
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Guernsey – Sensitive Sector Changes to Banking Supervision Laws
On 19 October 2021, GUE GFSC issued an update on banking supervision laws. GUE GFSC published a consolidated version of Banking Supervision (Bailiwick Of Guernsey) Law 1994, including details of amendments made to the 1994 law. Changes definition of "Shareholder Controller", addressing applicable thresholds for protected cell companies (PCC) Effective These changes become effective 1…
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Greece – HCMC Fines for Late Position Reporting
On 18 October 2021, GRE HCMC issued fines for late position reporting, best execution. The GRE HCMC Board of Directors during its 933rd meeting decided on two fines. Optima Bank Imposed a fine of €10,000 on OPTIMA BANK (former Investment Bank of Greece SA). For violation of the provisions of article 27 par. 1 of…
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