Aggregated News From Investment Management Regulators

New reporting system for short selling


Please complete the required fields.

In the autumn of 2020, Finansinspektionen will introduce a new reporting system for the reporting of net short positions: the Short Selling Online Reporting tool.

Users will log in to the tool with Bank ID or SMS via Finansinspektionen’s Reporting Portal, which is the hub for all reporting to the authority.

Replaces email- and paper-based reporting

Holders of net short positions and rapporteurs for these position holders will be able to use the Short Selling Online Reporting tool to report information on the positions to FI. The information will be stored in a database, and the information that must be published by regulatory mandate will be made available on a new website at It will also be possible to see in the system positions that were reported earlier and recall incorrectly reported positions.

Start preparations early

Due to the transition to the Short Selling Online Reporting tool, it will no longer be possible to report net short positions via email. The Short Selling Online Reporting tool will be available at some point during the autumn. We will provide more information as the transition to the new system approaches.

Until then, we recommend that you start to prepare by creating user accounts in the Reporting Portal and delegating authorisation to persons who will report on behalf of the position holders. It is important that you prepare for the transition in advance so you will later be able to report your net short positions on time.

What to do

In order to be able to report positions via the Short Selling Online Reporting tool, each rapporteur must first register as a user in the Reporting Portal.

The next step is to register the position holder in the Reporting Portal. Swedish companies are registered by entering their company identification number, and foreign companies are registered by submitting a digital form. In both cases, the LEI code is mandatory. The LEI code is provided during the registration process for a foreign firm but, for Swedish companies, it needs to be provided by an authorised signatory after the registration is completed.

The information is then retrieved from the Swedish Companies Registration Office. Once this is done, the authorised signatory is automatically assigned the role “authorised signatory” in the system and can delegate authorisation to the rapporteurs. More information can be found in the instruction manual under “Short Selling” at About the Reporting Portal.

Questions and additional information

Updated information about when the new Short Selling Online Reporting tool will open and when the email- and paper-based reporting will close will be available at Short Selling.

Contact the Reporting Division with any questions about FI’s log-in and authorisation portal for reporting at +46 (0)8 408 980 37 (weekdays 9–11) or by email at [email protected].

Source link

Regulator Information

Abbreviation: FI
Jurisdiction: Sweden

Recent Articles

SEC Charges Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations

Eight celebrities also charged for illegal touting of Sun’s crypto asset securities The Securities and Exchange Commission today announced charges against crypto asset entrepreneur Justin Sun and t

SEC Proposes to Modernize the Submission of Certain Forms, Filings, and Materials Under the Securities Exchange Act of 1934

The Securities and Exchange Commission today proposed amendments designed to modernize its information collection and analysis methods by, among other things, proposing that a number of filings be su | Statement on Electronic Filing

Today, the Commission is considering a proposal under the Exchange Act to require broker-dealers and other registrants to submit forms electronically.

ASIC suspends AFS licence of Cartesian Corporate Finance Limited

ASIC has suspended the Australian financial services (AFS) licence of Cartesian Corporate Finance Limited (Cartesian) until 25 August 2023. The licence authorises Cartesian to deal...

Completion of Recovery Certificate No. 6075 of 2022 issued against Mr. Yash Paul Jindal [Defaulter] PAN: ACDPJ8198B in the matter of GDR Issue by...

This news item was originally published by the Securities and Exchange Board of India (SEBI IN). See the article here: Read more

Get the latest from Regulatory.News in your inbox!