On 3 February 2021, SK FSC, FSS further extended the short selling ban to 2 May 2021. FIA extraordinary meeting agreed that resumption of short selling is inevitable given the current market situation and the resumption of short selling in other countries. Also agreed that resumption of short selling should be gradual instead of all…
Read more
Sweden – FI Issues Fine for Late Short Selling Disclosure
On 27 January 2021, the Swedish Financial Supervisory Authority fined Systematica Investments Limited SEK 60,000 for late short selling disclosure of shares in having in BillerudKorsnäs Aktiebolag.
Read more
S Korea – FSC Rules on Illegal Short Selling
On 13 January 2021, SK FSC gave notice of amendments to enforcement decree of the financial investment services and capital markets act; notice period 13 January to 2 February. Restrictions on participation by short selling persons during period of capital increase. Anyone who signs a transaction contract for future borrowing and short sale must keep…
Read more
U.K. – FCA Short Selling Reporting Exempt Shares
On 11 January 2021, UK FCA issued UK list of exempted shares with regard to reporting.
Read more
France – Update on Short Selling Guidance
On 7 January 2021, 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.
Read more
U.K. – Gov’t Short Selling Reporting Threshold Lowered
On 6 January 2021, UK GVT lowered initial short notification threshold to 0.1%. UK GVT issued the short selling (notification thresholds) regulations 2021. Purpose Amended retained EU regulation 2012/236 on short selling and certain aspects of credit default swaps, commonly known as the short selling regulation (SSR). Lowered initial notification threshold from 0.2% to 0.1%…
Read more