On 2 June 2020, AMF issued guidance on short selling and blog on enforcing. AMF issued Ombudsman blog on prohibition of short selling: who should enforce it and on what grounds? and updated guidance on EU regulation on short selling (SSR). Followed February 2020, AMF updated guidance on short selling regulation. Followed March 2020, AMF…
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France – AMF Issues Update to Short Selling FAQs
On 20 May 2020, FR AMF issued updated FAQs on the temporary prohibition on short-selling following FR AMF's announcement of the suspension of the measure on 18 May.
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E. U. – ESMA on Removing Short Selling Bans Close
On 18 May, ESMA noted non-renewal of national short-sale bans. ESMA notes non-renewal of the restrictions on short selling and similar transactions. Follows ESMA April 2020 issued positive opinions on ban extensions. Follows AIMA May 2020 issued joint letters to national authorities. Expiration of Bans Finanzmarktaufsicht (FMA) of Austria; Financial Securities, Markets Authority (FSMA) of…
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Rulefinder Reports Short Selling Bans Effective Today
On 14 May 2020, Rulefinder reported temporary short selling bans effective today.
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France – Proposal to Change Shareholding Disclosure Threshold
On 28 April 2020, FR AMF issued proposed shareholder activism rules. The AMF has suggested several targeted measures regarding shareholder activism. Proposals Enhance transparency on stake-building by lowering the first legal notification threshold for substantial shareholding and making public any statutory threshold crossing reported to the company; Supplementing the reporting on net short positions by…
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Rulefinder Alerts to Extended Short Selling Ban
On 28 April 2020, aosphere LLP's Rulefinder alerted clients to an extended short selling ban.
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