Temporary lowering of notification threshold expires

2021-03-15 | ESMA News Reporting Markets

The European Securities and Markets Authority (ESMA) has decided not to renew its decision to temporarily lower the notification threshold for when net short positions are to be notified to the relevant national competent authority.

This means that the last reporting where the lower threshold of 0.1 per cent applies will be in relation to positions as of Friday 19 March 2021, and must be reported to Finansinspektionen by 15.30 Monday 22 March 2021.

From 20 March 2021 onwards, positions holders will need to send notifications only if they reach or exceed the 0.2 per cent threshold again, while any outstanding net short position between 0.1 per cent and 0.2 per cent will not have to be reported.

There is no change in the reporting for positions in shares traded on an MTF. The threshold of 0.2 per cent continues to apply.