Article
- Staying Compliant During the COVID-19 Pandemic
- Firms Need to Register for FCA’s New Data Collection Platform
- Short Selling
- Statement on COVID-19
- FCA Encourages Firms to Develop Purposeful Cultures
- FCA Begins Review on Data in Wholesale Markets
- Unstable Coins: Crypto Assets, Financial Regulation and Preventing Financial Crime in the Emerging Market for Digital Assets
- FCA Issues Proposals to Enhance Climate-Related Disclosures by Listed Issuers
- Inside FCA Podcast: What Does Cyber Security and Resilience Mean for Firms?
- Open-Ended Funds Investing in Less Liquid Assets
- ESMA Sets Out Approach to SFTR Implementation
- ESMA Statement: Telephone Recording During COVID-19 Outbreak
- ESMA Consultation Paper on Cross-Border Distribution of Funds
- ESMA Provides Clarifications for Best Execution Reports Under MiFID II
- ESMA Announces Update to Reporting Under the Money Market Funds Regulation
- ESMA Publishes Final Report of Technical Advice to the European Commission on Inducements and Costs and Charges Disclosures
As a result of market disruption caused by the COVID-19 pandemic, the Regulatory Authorities of certain countries issued short selling restrictions. Legislation around these restrictions varied by country and is constantly evolving so we recommend that clients check with legal counsel before conducting any short selling.
The following countries in Europe imposed short selling restrictions:
- Austrian Financial Market Authority (FMA).
- Belgian Financial Services and Markets Authority (FMSA).
- French Securities Supervisory Authority (AMF).
- Greek Hellenic Capital Market Commission (HCMC).
- Italian National Commission for Companies and the Stock Exchange (CONSOB).
- Spanish National Securities Markets Commission (CNMV).
The following countries in Asia imposed short selling restrictions:
- South Korean Financial Services Commission (FSC)
- Indonesian Stock Exchange
- Thailand Stock Exchange
The UK, USA, Singapore, Hong Kong and Japan have not introduced COVID-19 related short selling restrictions, but the UK’s FCA has implemented restrictions imposed by European countries.
Read our whitepaper on Short Selling here.
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