In The News

South Korea – FSC Disclosure on Net Positions

On 21 June 2024, SK FSC proposed revisions re disclosure on net positions. SK FSC proposed revisions to Enforcement decree of the financial investment services and capital markets act, to strengthen the criteria for disclosure on net positions. To oblige disclosure on net positions, where the net position ratio is more than 0.01% (excluding less…
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Japan – Govt Issues Consultation on Sensitive Industries

On 19 June 2024, the Ministry of Finance, Ministry of Economy, Trade and Industry, and Ministry of Land, Infrastructure, Transport and Tourism launched a public consultation on the draft amendment to the core business sectors of the Foreign Exchange and Foreign Trade Act to secure stable supply chains. Submissions may be submitted: by mail: 3-3-1 Kasumigaseki,…
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S Korea – FSS Short Selling Guide Proposal

On 13 June 2024, SK FSS proposed guidelines and checklist on short selling. Guidance includes Internal control guidelines on short selling, Guidelines on internal position management systems, as well as Checklist for short seller review. Follows SK FSC, FSS June 2024 extended short sale ban until March 2025. Administrative Guidance Prescribes internal control and internal…
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