On July 30, the European Securities and Markets Authority (ESMA) published its decision in the Official Journal of the EU to extend the reporting requirement for holders of 0.1 percent net short positions in EU shares until September 17, 2020 (the Decision).

As a results of the impact of the COVID-19 pandemic on EU financial markets, ESMA adopted the Decision on June 10 to renew its decision originally made on March 16, requiring net short position holders of shares traded on an EU regulated market to temporarily report positions to their EU financial regulator that equal or exceed 0.1 percent of the relevant company’s entire issued share capital. For more information on the Decision, see the June 12, 2020 edition of Corporate & Financial Weekly Digest.

The decision went into effect on June 17 and applies until September 17, 2020.

The Decision is available here.