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Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

You are viewing the version of the document as on 2021-01-01.

Status: In this content, we have included all amendments made by EU exit-related instruments up to end September 2020. There will be more amendments to be made later this year, further to the September QCP.

Article 2 Notification of net short positions in shares, sovereign debt and uncovered sovereign credit default swaps to competent authorities

  1. (1)

    A notification made under Article 5(1), Article 7(1) or Article 8 of Regulation (EU) No 236/2012 shall contain the information specified in Table 1 of Annex I to this Regulation.

    The notification shall be made using a form issued by the FCA which shall take the format set out in Annex II.

  2. (2)

    Where the FCA has secure systems in place that allow it to fully identify the person filing the notification and the position holder, including all the information contained in fields 1 to 7 of Table 1 of Annex I, the corresponding fields in the form may be left blank in the notification format.

  3. (3)

    A natural or legal person who has submitted a notification referred to in paragraph 1 which contains an error shall send, on becoming aware of the error, a cancellation to the relevant FCA.

    The cancellation shall be made using a form issued by the FCA which shall take the format set out in Annex III.

    The natural or legal person concerned shall submit a new notification in accordance with paragraphs 1 and 2 if necessary.