Article summary
The European Securities and Markets Authority (ESMA) has renewed its decision to temporarily require the holders of net short positions in shares traded on an EU regulated market to notify the relevant national competent authority (NCA) if the position exceeds 0.1% of the issued share capital. This temporary notification measure applies from 17 June 2020 for a period of three months. It applies to any natural or legal person, irrespective of their country of residence. However, it does not apply to shares admitted to trading on a regulated market where the principal venue for the trading of the shares is located in a third country, market making or stabilisation activities.
To continue reading this news article, as well as thousands of others like it, sign in with LexisNexis or register for a free trial