On 29 September 2020, TAI FSC granted preferential measures to firms. FSC granted preferential treatment to firms under the plan to advance excellence for SITEs and the plan to encourage stronger business ties in Taiwan for offshore funds. Domestic Firms Cathay Securities, Fuh Hwa Securities and Fubon Securities were eligible under the plan to advance…
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EFTASA Net Short Position Threshold
EFTASA renewed decision requiring disclosure of net short positions of 0.1% and over. Followed March 2020, ESMA issued decision on net short position holders. On same day, ESMA renewed decision on holders of net short positions. Threshold Temporarily requires holders of net short positions in shares traded on EEA EFTA states regulated markets to notify…
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Sweden – FI Fines for Inaccuracies in Share Reporting
On 30 September 2020, the Swedish regulator, Finansinspektionen fined Arnäs Management for inaccuracies in their reporting of transactions in shares and warrants in Briox AB and Lithium AB. Arnäs will pay SEK 55,000
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Denmark – FSA UK Investment Firms, Brexit
On 25 September 2020, DEN FSA updated guidance on application form with more FAQs. Included questions on what it means for license to be conditional; and the obligations to which a holder of a license under s33 of Danish Financial Business Act are subject.
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Sweden – Online Short Selling Reporting System Live
On 24 September 2020, SWE FI announced launch of new reporting system for short selling. SWE FI said to be able to report short net positions, position holders and reporters must create user accounts in the Reporting Portal and delegate permissions. The opportunity to report short net positions via email and form will expire in…
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E.U. – ESMA Commodity Derivatives MiFID
On 23 September 2020, EU ESMA published opinions dated 2 September 2020 on position limits. ESMA’s opinions agree with the proposed position limits re: the EEX TTF Gas contract; the Nasdaq Oslo Nordic Power contract; and the Fish Pool Farmed Salmon contract.
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