On September 17, the European Securities and Markets Authority (ESMA) renewed its decision (ESMA70-155-11072) to temporarily require holders of net short positions in shares traded on a European Union- (EU) regulated market to report to the relevant EU financial regulator at a reduced threshold of 0.1 percent net short (instead of the pre-existing threshold of 0.2 percent net short).
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UK financial regulations
ESMA Renews its Decision on Short Selling in Light of the Ongoing COVID-19 Pandemic
Posted in EU Developments, Financial Markets
On June 10, the European Securities and Markets Authority (ESMA) renewed its decision requiring net short position holders of shares traded on an European Union (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 (the Decision).
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Katten Launches New Financial Markets Regulation COVID-19 Resource Center
To help market participants keep tabs on the deluge of actions taken by financial market regulators to address the ongoing COVID-19 crisis, Katten’s Financial Markets Regulation team has launched the Financial Markets Regulation COVID-19 Resource Center. The new site lists and provides links to the COVID-19-related regulatory actions taken by the SEC, CFTC, FINRA,…
Chief Brexit Negotiators Discuss Post-Brexit Treatment of UK Financial Regulations
On January 9, Michel Barnier, the European Union’s (EU’s) chief Brexit negotiator, delivered a speech at the “Trends Manager of the Year 2017” event in Brussels, and on January 10, the UK’s Chancellor of the Exchequer, Philip Hammond, and the UK’s Secretary of State for Exiting the EU, David Davis, published a joint article that originally appeared in Frankfurter Allgemeine Zeitung, a German newspaper. Both the speech and the article commented on future economic ties between the EU and the UK, covering a broad range of services industries, focusing in particular on financial services.
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