On 10 December 2020, SK FSC updated on passage of bill re illegal short-selling. SK FSC stated that the bill to regulate illegal short-selling was passed at the Dec. 9 plenary session of the national assembly, and now required cabinet approval. The bill covers the imposition of penalty charges and imprisonment of at least 1…
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France – AMF Updates Guidance on Short Selling
On 8 December 2020, FR AMF updated guidance page on the EU regulation on short selling. Including updated excel file containing the history of net short positions made public.
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E.U. – ESMA Updated List of Short-Selling Exemptions
On 7 December 2020, EU ESMA issued an updated list of market makers and authorized primary dealers using the exemption in regulation on both short selling and CDS.
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Canada – CSA Activist Short Selling Concerns
On 3 December 2020, CSA consulted on activist short selling impact on markets. CSA issued consultation paper to facilitate discussion of concern re activist short sales. The paper sets out findings from CSA research, on the subject, which began in 2019. Summarizes stakeholder concerns, Canadian and international regulatory frameworks. Background Activist short selling involves taking…
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E.U. – ESMA Net Short Selling Threshold
On 18 November 2020, EU ESMA issued notification thresholds for sovereign issuers.
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E.U. – ESMA Renews Lowered Short Selling Threshold
On 13 November 2020, EU ESMA issued the renewal decision of 16 September 2020, in EU OJ. Decision in force from 18 September 2020; applies from that date for a period of 3 months.
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