Taiwan – FSC Margin Purchase/Short Selling

On 20 August 2020, TAI FSC implemented the amendments to margin purchase / short selling rules. Background TAI FSC announced upcoming amendment to standards governing eligibility of securities for margin purchase and short sale, in response to market demand and suggestions. To relax criteria for eligibility, OTC companies with paid-in capital of over NTD600mn do […]

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Sweden FI Fines for Late Short Selling Reporting

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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