On May 18, 2020, financial regulators in Austria, Belgium, France, Greece, Italy and Spain lifted their short-selling bans. However, managers should be cognizant of the fact that the lower initial threshold of 0.1% for reporting net short positions in EU-listed shares, which was announced in March 2020 by ESMA as a temporary emergency measure, remains in effect.
This article appeared in the June 2020 edition of SRZ’s Private Funds Regulatory Update. To read the full Update, click here.
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