On 16 June 2020, ICL CB issued decision extending revised benchmark limits for the notification of short positions in equities admitted to trading on a regulated market. Decision enters into force on 17 June 2020 and is valid for a period of three months. Requires everyone, natural or legal, to notify the ICL CB of…
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E.U. – ESMA Lowers Short Selling Threshold to .1%
On 11 June 2020, EU ESMA renewed decision requiring holders of net short positions, traded on EU regulated market, to notify NCA if position reaches or exceeds 0.1%. While EU financial markets have partially recovered since 16 March 2020, uncertainty around Covid-19 is potentially threatening their future development and stability. The measure applies from 17…
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France – AMF Enforcing Ban on Short Selling
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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