On December 16, the European Securities and Markets Authority (ESMA) renewed its decision to temporarily require the holders of net short positions in shares traded on an EU regulated market to inform the relevant national competent authority (NCA) if the position reaches, exceeds or falls below 0.1 percent of the issued share capital. The measure applies starting December 19 for a period of three months (the Decision).

ESMA previously renewed the Decision on September 18, intending to support NCAs tackling the threats caused by COVID-19 and preserving market integrity and financial stability (see the September 18, 2020 Edition of Corporate & Financial Weekly Digest).

The Decision will expire on March 19, 2021.

The Decision is available here.