In The News

Norway – Europalov Short Selling Regulation

On 29 April 2022, Europalov announced EEA Committee decision 146 of 29 April 2022 amending Annex IX (Financial services - short selling notification threshold) to EEA Agreement to include this regulation. Background: Commission Delegated Regulation (EU) 2022/27 of 27 September 2021 amending Regulation (EU) No 236/2012 of the European Parliament and of the Council as…
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Russia – CB Accelerated Share Sale Limit

On 27 April 2022, RUS CB limited foreign depository receipt share sales. RUS CB confirmed, that to maintain financial stability, it ordered professional depository participants to use separate accounting for shares from foreign depository receipts. Follows RUS CB April 2022 explanation ban on foreign depository receipts. Instructions The rules require shares of Russian issuers received…
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Hong Kong – SFC Position Limit Regime Change

On 26 April 2022, HK SFC proposed changes to the position limit regime. HK SFC issued consultation paper on proposed changes to the position limit regime. Proposed changes address recent developments in Hong Kong's securities and futures markets, and align the requirements with HK SFC’s regulatory policies and objectives. Follows May 2017, HK SFC said…
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