Reporting of Short Positions
On 1 January 2017 the new regulations for reporting of short positions came into effect in Norway in accordance with Regulation (EU) No 236/2012 ("Short Selling Regulation / SSR").
Anyone entering into a short position in shares that is listed on a regulated market or MHF that are larger or equal to 0.2% of the outstanding share capital, and any change in 0.1% increments thereafter where the instrument has the FSA as authority, need to report their positions to the FSA as soon as possible, using the FSA portal.
Positions that are larger than or equal to 0.5% are made public by the FSA at 15:30 CET the day after the transaction. If the position is larger than or equal to 0.2%, but smaller than 0.5%, it will be reportable to the FSA, but not made public. Please note that certain shares are exempt from reporting.
In order to report, you need to register with the FSA. Please refer to the web site finanstilsynet
for more information.