On 6 January 2025, SK FSS announced launch of registration number issuance. SK FSS said it would start the issuance of a registration number for large-scale short selling companies from 7 January 2025, as part of the short selling computerization plan. Follows SK FSC June 2024 launched short sale reform measures. Also follows SK FSS […]
On 6 January 2025, PAK SEC directed re safeguarding unitholder proxy rights. PAK SEC released direction (of Jan. 1) on Requirements related to conduct of asset management companies (AMCs) representing unitholders of collective investment schemes (CIS) in listed companies’ general meetings, about safeguarding proxy rights. General Meeting Requirements AMCs are encouraged to attend all general […]
On 5 January 2025, the SFC updated its Takeover table to reflect the following: the offer period closed for China Boqi Environmental (Holding) Co., Ltd. (Stock Code: 2377) on 3 January 2025. Visit SFC Takeover Table
On 2 January 2025, UK FCA updated guidance page on notification and disclosure of net short selling to add the updated UK list of exempted shares valid from 1 January 2025. List has been reviewed to include shares admitted to trading on UK trading venues until 31 October 2024, list valid from 1 January 2025, […]
On 31 December 2024, SK FIA revised compliance manual for investment firms. SK FIA revised Compliance manual for financial investment firms – asset management. Overview of Revisions Add sections re responsibilities structure, concurrent and ancillary businesses of collective investment business operators under the internal control standards chapter. Short selling, precautions for lending/managing collective investment assets […]
On 2 January 2025, the Securities and Exchange Commission’s rule 13f-2 came into effect. Requires financial institutions to report short selling activity Identifies reporting and non-reporting issuers First report due on 14 February 2025.