The Legislative Provisions On The Procedures Of Financial Instruments Must Be Reported For The Short Or Covered Positions

Original Language Title: Normatīvie noteikumi par kārtību, kādā jāziņo par finanšu instrumentu īsajām vai nesegtajām pozīcijām

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Financial and capital market Commission, the provisions of regulations No 224 in Riga 2012 October 25 (financial and capital market Commission Council meeting Protocol No 2 p 39.) The legislative provisions on the procedures of financial instruments must be reported for the short or covered positions Issued pursuant to the financial and capital market Commission of the law article 7, first paragraph, point 1 i. General questions 1. "the legislative provisions on the procedures of financial instruments must be reported for the short or covered positions" (hereinafter the rules) determines the order in which the investor shall report to the financial and capital market Commission information on financial instruments or the covered its short positions as well as the rapporteur for the registration procedure. 2. The rules are binding on natural and legal persons, that have the following headings: financial instruments 2.1. short positions in Latvian Government debt securities. 2.2. short positions in equities listed for trading on the regulated market of the Republic of Latvia; 2.3. uncovered positions in transactions with Latvian State credit swaps. II. The order in which to report on the financial instrument for the short or covered positions 3. referred to in paragraph 2, the provisions of legal and natural persons (hereinafter investors) for short or covered positions, subject to the following the European Union's directly applicable legislation: 3.1. Of the European Parliament and of the Council of 14 March 2012 Regulation No 236/2012 on short sales and some credit swap; 3.2. the Commission's July 5, 2012 for the delegated Regulation No 918/2012, the European Parliament and Council Regulation No 236/2012 on short sales and some credit swap aspects with regard to supplement the definitions, calculation of net short positions to cover national credit swaps, information liquidity thresholds thresholds applicable to the limit stop, the significant fall in the value of the financial instruments and negative events; 3.3. Commission 29 June 2012, the implementing Regulation No 827/2012, laying down implementing technical standards for equity net short position disclosure, the European Securities and markets authority for net short positions in the format of the information to be provided, the contract agreement and measures to properly ensure that shares or debt instruments are available in the settlement of a specific day and time shares the main outlets for the determination of the European Parliament and of the Council Regulation (EU) no 236/2012 on short sales and some credit swap business aspects; 3.4. the Commission 29 June 2012, the delegated Regulation No 826/2012, which complements the European Parliament and Council Regulation No 236/2012 for regulating technical standards information and disclosure requirements for net short positions, the European Securities and markets authority sniedzamaj news on the net, its short positions and the method of calculating turnover in order to determine the free shares.
4. reporting on short or covered positions takes place with short position reporting systems (APR). The APR is a wide audience on the internet portal, which address is https://www.investinfo.lv.
5. The APR will establish and maintain financial and capital market Commission. 6. to be APR'S information is divided into the following categories: 6.1. reports on the net, its short positions in equities; 6.2. the reports on the net, its short positions of government debt securities. 6.3. the reports on items not covered in dealings with State credit swaps. 7. the right of short reporting or covered positions the APR is the financial and capital market Commission registered users (registered user). To the investor for your short or outstanding positions, you must become a registered user of the APR. 8. Registered user is entitled to report both of their short or covered positions, both for other investors or the covered its short positions if other investors registered users are empowered to do so. 9. Registered user Latvian or English report on short or outstanding positions by filling out the corresponding APR'S Web site reporting form: 9.1 notice of its short positions with shares registered user provisions specify the information laid down in annex 1 to the corresponding provisions of the regulation referred to in point 3.4 of annex 1 of table 1; 9.2. notice of its short positions of public debt securities registered user provisions specify the information laid down in annex 2 of the corresponding provisions of the regulation referred to in point 3.4 of annex 1 of table 1; 9.3. communication on the amounts not positions in dealings with State credit swaps registered user provisions specify the information specified in annex 3 to the corresponding provisions of the regulation referred to in point 3.4 of annex 1 of table 1. 10. If a registered user has provided false rule notification referred to in paragraph 9, it must cancel the erroneous communication, the APR for the statement changes the status to "canceled" and add a comment about the reasons for the cancellation. 11. Detailed procedures for the reporting and revocation information on short positions, whether or not the amounts specified in the instructions for use the APR, the APR is available. III. the registered users APR 12. Investors to be registered as a registered user, the APR it's financial and capital market Commission signed the application using the rules in the form set out in annex 4. 13. by paragraph 12 of the rules in due receipt of the application referred to in the Financial and capital market Commission within two working days and send the user register applicant instructions for future activities in the registered user's active status. Details of the registered user to Active status is described in the instructions for use the APR, the APR is available. 14. Financial and capital market Commission revoke the rights of registered user upon receipt of the application. 15. If you need access to the registered user to restore that access has been stopped, the registered user shall submit the signed rules of application referred to in paragraph 12. 16. the financial and capital market Commission has the right to deny or withdraw access to the registered user the APR on its own initiative, if the relevant registered user performs actions that interfere with the APR for the transaction, on the right of the registered user blocking or cancellation of immediately informing the registered users. IV. Disclosure of short positions in the shares 17. information on the notices that comply with the provisions referred to in point 3.1., article 6 of the regulation is immediately published APR. The APR on these statements is an open rule 5. information laid down in the annex. 18. Notices that do not comply with the provisions referred to in point 3.1., article 6 of the regulation is not open to the public, and is available only to the financial and capital market Commission. V. responsibility for accuracy of information 19. Registered user is fully responsible for the correctness of information entered in the APR. VI. final question 20. provisions shall enter into force on 1 November 2012.
Financial and capital market Commission President k. Zakuli States annex 1 financial and capital market Commission 25.10.2012. regulatory arrangements no 224 notice of its short positions in the shares of the European Parliament and of the Council of 14 March 2012 Regulation No 236/2012 on short sales and some credit swap aspects of article 5 of the information and the format in the net short position in shares 1. reporting date (yyyy-mm-dd) 2. Issuer name ISIN code: 2.1 2.2. Full name of heading creation date (yyyy-mm-dd) 4. Net short positions after reporting threshold exceeded: 4.1 4.2. quantity of shares% of the volume of securities issued in the previous notification of the 5 positions in those shares date 6. comments Appendix 2 financial and capital market Commission 25.10.2012. regulatory arrangements no 224 notice of its short positions of public debt securities in accordance with the European Parliament and of the Council of 14 March 2012 Regulation No 236/2012 on short sales and some credit swap aspects 7. Article information and the format in the net short position of public debt securities 1. reporting date (yyyy-mm-dd) name of Issuer: 2. Country code 2.1 2.2. Full name of heading creation date (yyyy-mm-dd) 4. Net short positions after reporting threshold is exceeded the equivalent of nominal volume 5. Advance notice of position of public debt securities date 6 comments  

    Annex 3 financial and capital market Commission 25.10.2012. regulatory arrangements no 224 not covered in the statement of positions in dealings with State credit swaps in accordance with European Parliament and Council of 14 March 2012 Regulation No 236/2012 on short sales and some credit swap aspects article 8 of information and its format does not cover position in dealings with State credit swaps 1. reporting date (yyyy-mm-dd) 2. Issuer name country code: 2.1 2.2. Full name of heading creation date (yyyy-mm-dd) 4. Net short positions after reporting threshold is exceeded the equivalent of nominal volume 5. Advance notice of outstanding positions in those credit swaps contracts date 6. comments annex 4 financial and capital market Commission 25.10.2012. regulatory arrangements no 224 application for APR'S user registration email 1 2. Mobile number 3. Name, surname and personal code or company name and the registration number of the establishment , full address and contact person (name, surname, telephone number, fax number and e-mail address). BIC code (if any) 4. Other investors that its short positions will be reported for each of the investors indicate name, surname and personal code or company name and business registration number, full address and contact person (name, surname, telephone number, fax number and e-mail address).     5. the annex to the financial and capital market Commission 25.10.2012. regulatory arrangements no 224 Disclosed information about its short positions in the shares of the European Parliament and of the Council of 14 March 2012 Regulation No 236/2012 on short sales and some credit swap aspects of article 6 of the field name in the sensitive position of the holder of information of the issuer name, ISIN code, the amount of the Net short position percentage position creation date (yyyy-mm-dd) comments  


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