ESMA and the FCA Extend the Temporary 0.1% Net Short Position Reporting Threshold
By EsqSocial Corporation 28/12/20
In response to the unprecedented circumstances caused by the COVID-19 pandemic, the EU and the UK temporarily lowered the reporting threshold under the EU Short Selling Regulation (“EU SSR”) for net short positions in shares of companies admitted to trading on an EU/UK regulated market earlier this year. The European Securities and Markets Authority (ESMA) lowered the reporting threshold from 0.2 per cent to 0.1 per cent in March 2020 as a precautionary measure, to permit regulators to “deal...
By: Akin Gump Strauss Hauer & Feld LLP