Markets, Professionals

16 March 2020

The Commission de Surveillance du Secteur Financier (CSSF) informs that today the European Securities and Markets Authority (ESMA) has issued a decision temporarily requiring the holders of net short positions in shares traded on a European Union (EU) regulated market to notify the relevant national competent authority (NCA) if the position reaches or exceeds 0.1% of the issued share capital after the entry into force of the decision.

The ESMA Decision, which entered into force immediately upon its publication on ESMA’s website, and further information are available under the following link:

https://www.esma.europa.eu/press-news/esma-news/esma-requires-net-short-position-holders-report-positions-01and-above

The related ESMA public statement is available under the following link:

https://www.esma.europa.eu/sites/default/files/library/pr_ssr_measure_march_2020.pdf