On 14 August 2020, Rye Bay Capital LLP was fined SEK 10,000 for having notified the Swedish Financial Supervisory Authority late that a short net position in shares in Peab AB fell below a relevant disclosure threshold.
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Egypt – EGX Securities List Allowed for Short Selling
On 10 August 2020, EGX announced that the financial regulatory authority (FRA) has approved EGX proposals regarding criteria of shares eligible for short selling. EGX suggested adjusting the market capitalization ratio of a company’s free-float to be reduced from the 0,005 currently applied, to 0,001. Sets out quantitative criteria for eligibility, after studying best global…
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France – AMF Enforcing Ban on Short Sales
On 4 August 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 Net Short Position Threshold
On 30 July 2020, EU ESMA issued decision 2020/1123 of 10 June 2020, on renewal in OJ.
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E.U. – ESMA Advice on Use of Short-Selling
On 31 July 2020, EU ESMA issued updated list of market makers and authorized primary dealers using the exemption in the regulation on short selling and CDS.
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Spain – CNMV Short Selling Ban during Covid
On 23 July 2020, ESP CNMV reported on effect of ban on Spanish markets. Analysis of effect of restrictions on short selling on Spanish stocks March and May 2020. Comparative analysis of evolution of shares part of Ibex 35 and German Dax 30. Considers various variables (in Germany no short selling ban was applied due…
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