Finland – FSA Net Short Position Threshold
On 18 December 2020, FINFSA announced ESMA decision on extension of lower threshold for 3 months for short selling reporting. Has no effect on disclosure limit for net short positions (0.5%).
China – NDRC Foreign Investment Review
On 19 December 2020, CHI NDRC issued national security measures. NDRC issued national security rules for foreign investment, consisting of 23 articles. Rules Establishes a foreign investment security review agency, led by CHI NDRC and ministry of commerce, to undertake the daily work of foreign investment security review. Will review investment in military industry, supporting […]
South Korea- FSC Market Maker Rules Re: Short Selling
On 21 December 2020, SK FSC issued measures on market makers, short sell. SK FSC introduced measures to improve market maker rules and strengthen detection of illegal stock short-selling activities, to boosting accountability in the market. Follows 10 December 2020 national assembly passage of bill on illegal short-selling. Market Makers Recently, there have been concerns […]
EFTASA Net Short Selling Reporting Threshold
On 17 December 2020, EFTASA renewed decision for disclosure of net short positions 0.1% and over; with ESMA decision extends validity of previous measures. Both of the new decisions will apply from 19 December 2020, for a period of three months.
E.U. – ESMA Short Selling Reporting Threshold
On 17 December 2020, EU ESMA renewed decision requiring net short position holders to report positions of 0.1% and over This will apply from 19 December 2020, for a period of three months.
Bangladesh – SEC Shareholding Requirement
On 10 December 2020, BNG SEC issued directive on compliance of shareholding. BNG SEC issued directive regarding compliance of 30% shareholding requirement. Requirement If the sponsors/directors of any listed company fail to jointly hold minimum 30% shares of paid-up capital of a company all the time, SEC will impose certain actions. The company’s board shall […]