Sweden – FI Fines for Late Short Selling Reporting
On 5 October 2020, the Swedish regulator Finansinspektionen fined Cigogne Management late short selling notification. Cigogne Management S.A. shall pay a special fee of SEK 2,500,000.
Sweden – Online Short Selling Reporting System Live
On 24 September 2020, SWE FI announced launch of new reporting system for short selling. SWE FI said to be able to report short net positions, position holders and reporters must create user accounts in the Reporting Portal and delegate permissions. The opportunity to report short net positions via email and form will expire in […]
Sweden – FI Short Selling Reporting Portal Launch
On 21 September 2020, SWE FI announced short selling reporting system launch. SWE FI announced new reporting system for short selling being launched this week. Blankningswebben will be available to position holders and reporters this week. Reporting via email will be possible for two weeks only after Blankningswebben launch. Effectiveness SWE FI to release exact […]
Sweden – FI Fines Pictet Asset Management For Late Short Selling Report
On 16 September 2020, Sweden’s regulator, Finansinspektionen reported that Pictet Asset Management Limited is being fined for late reporting of net short positions. Pictet shall pay a special fee of SEK 10,000 for having its late notification of a short net position in shares in SKF Pictet shall shall pay a special fee of SEK 10,000 […]
Sweden – FI Fines for Late Short Selling Report
On 14 September 2020, the Swedish Financial Supervisory Authority issued a fine against SCGE Fund L.P. for late notification of a short net position in shares in Fingerprint Cards AB on 17 January 2018 which had fallen below a relevant disclosure threshold. SCGE Fund L.P.shall pay a special fee of SEK 10,000
France – AMF Enforcing Ban on Short Sales
On 7 September 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.