On 13 January 2022, UK FCA reported on flexibility re short selling indicator. UK FCA announced temporary measures for reporting the short selling indicator in transaction reports while considering changes to the UK transaction reporting regime. Overview Transaction reports submitted to the FCA under UK MiFIR must contain designation to identify a short sale; information…
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E.U. – EC Net Short Selling Notification
On 11 January 2022, EU CMSN issued regulation 2022/27 amending regulation 236/2012. As regards adjustment of threshold for notification of significant net short positions. Amends the current short selling notification threshold and sets it permanently at 0.1 %. Regulation in force on 20th day following publication in Official Journal, 31 January 2022.
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Austria – FMA Net Short Position Reporting
On 30 December 2021, AUT FMA reported on new net short reporting threshold. AUT FMA reported on lowered EC notification threshold for net short positions. Follows EC September 2021 adopted regulation on notification threshold. Also follows ESMA May 2021 proposed permanently lowering threshold. Also follows ESMA September 2021 consultation to review short sale rules Overview…
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Turkey – New Temporary Short Selling Ban Announced
On 27 December 2021, Borsa Istanbul announced a new temporary short selling ban in shares of Eczacibasi Yatirim Holding Ortakligi A.S. and it also extended the short selling ban in MIA Teknoloji A.S. Effective Date: Starting on 28 December 2021 through 27 Jan 2022.
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Turkey – EXC Uptick Rule Extended
On 21 December 2021, TUR EXC confirmed that the uptick rule in short selling has been extended to 12 December 12, 2021; therefore the rule will be valid on 12 December 2021 as well. Follows TUR EXC 21 December 2021 announcement of decision that the up-tick rule in short selling transactions is to be valid…
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Malaysia – Short Selling ‘At-Tick’ Rule Applies
On 17 December 2021, MLY SCM, BML informed that the temporary suspension on IDSS and PDT short selling will be lifted on 1 January 2022, after suspension expires on 31 December 2021. IDSS and PDT short selling will resume with enhanced control measures to ensure stability and orderly trading; orders must be entered in accordance…
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