On 28 November 2025, UK FCA issued PMB 60 re UK short selling regime changes. FCA issued Primary Market Bulletin 60 which entirely focuses on consultation CP25/29 on proposed changes to the UK short selling regime, published in October 2025. Follows UK FCA October 2025 consultation on new short selling regime. Overview Consultation proposes changes…
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U.S. – SEC Issues Temporary Exemptive Relief of Short Selling Rule 13f-2
On 3 December 2025, the SEC issued an order granting temporary exemptive relief from compliance with short selling reporting rule 13f-2. rule is delayed until 2 January 2028 first short selling disclosure report using Form SHO to be required within 14 calendar days after the end of January 2028
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U.K. – FCA Charges Two for Inside Dealing RE: Takeover
On 26 November 2025, UK FCA charged two individuals with insider dealing related to potential takeover news. The FCA started criminal proceedings against Bobosher Sharipov and Bekzod Avazov for insider dealing, Sharipov worked at investment bank Jefferies International Limited. Overview Advised GCP Student Living Plc (GCP) on potential takeover, charged with leaking inside information about…
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S Korea – KRX Exemption from Short Selling Reporting
On 26 November 2025, KRX proposed revising Market surveillance regulations. KRX proposed revising the Market surveillance regulations, to reduce the burden of duplicate inspections on members and improve the operational efficiency of systems. Outline of Proposed Revisions Member firms subject to naked short selling detection system (NSDS) balance reporting will be exempted from the obligation…
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Hong Kong – SFC Updates Takeover Table
On 24 November 2025, the SFC updated the Takeover Table with the following: offer period for i.century Holding Limited (Stock Code: 08507) closed on 21 November 2025; and offer period for Jilin Jiutai Rural Commercial Bank Corporation Limited (Stock Code: 06122) closed on 21 November 2025.
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Denmark – OAM System Outage Re: Shareholding Disclosures
On 19 November 2025, the Danish Financial Supervisory Authority (Danish FSA) announced that it is in the process of updating its shareholding Disclosure reporting system, OAM. From 26 November 2025 at 8.00am (CET) until 30 November 2025, the OAM system will be offline; users that need to submit a shareholding disclosure report should do so…
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