On 26 August 2020, SWE FI issued fine to BNP Paribas for late reporting. SWE FI imposed fine of SEK 5,000 to BNP Paribas due to failure to notify on time a short net position in shares in SAS AB achieved relevant threshold for notification. Based on §5 of Act [2012:735] with supplementary provisions of […]
On 24 August 2020, RUS EXC announced start of trading in foreign stocks. RUS EXC began trading in foreign equities on 24 August 2020, admitting 20 stocks from S&P 500 Index, 19 stocks available for trading in main and after-hours trading sessions. Stocks Covered Apple stock to be added 7 September 2020, with delayed launch […]
On 20 August 2020, PHI SEC nullified acquisitions by PSI shareholder group. PHI SEC nullified acquisition of substantial shares in Professional Services (PSI), which operates The Medical City, by shareholder group who used fraud to take control of PSI. Follows PHI SEC November 2019 fined shareholders in takeover of Medical City. PSI Shares In 13 […]
On 20 August 2020, the Swedish regulator, Finansinspektionen fined Humea AB SEK 93,700 for late transaction reporting of shares in Enzymatica AB.
On 20 August 2020, TAI FSC implemented the amendments to margin purchase / short selling rules. Background TAI FSC announced upcoming amendment to standards governing eligibility of securities for margin purchase and short sale, in response to market demand and suggestions. To relax criteria for eligibility, OTC companies with paid-in capital of over NTD600mn do […]
On 13 August 2020 Eurex defined reporting and position limits for September 2020. Eurex issued fixed income futures, definition of reporting and position limit, September 2020. Position and Reporting Limits Position limits apply to long positions in front month contracts of concerned products. Reporting limits valid 31 August 2020 after trading close until 3 September […]