Updated 17 September 2020
On 17 September 2020, ESMA announced the further renewal of its decision to reduce the net short reporting threshold from 0.2% to 0.1%. The new measure applies from 18 September 2020 for a period of three months. Accordingly, the lower 0.1% threshold described in this Update will continue to apply until 18 December 2020 (unless the decision is renewed again at that point).
Originally published 16 March 2020
On 16 March 2020, the European Securities and Markets Authority (ESMA) issued a decision under which the minimum threshold for the net short reporting obligation for shares, under Article 5 of the Short Selling Regulation (Regulation (EU) no. 236/2012) (the SSR), to relevant European Union (EU) (and UK) competent authorities (RCA), has been reduced from 0.2% to 0.1% (and each 0.1% above that) (the ESMA Decision).
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