On 7 February 2024, SIX Exchange Regulation (SER) announced that from 4 March 2024, there will be a new online platform for investors (and issuers) to submit their substantial shareholding disclosure notifications under FinMIA. Submissions of substantial shareholding disclosure notifications to the Disclosure Office of SER and to the issuer SER will provide a manual…
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S Korea – FSS Targets Illegal Short Selling Among Its Key Tasks for 2024
On 5 February 2024, SK FSS issued 4 strategies and 12 key tasks for 2024. SK FSS issued 4 strategies, 12 key tasks for 2024, to achieve firm financial stability (control illegal short selling), supportive finance for the public, strong financial trust, and dynamic future growth. Key Tasks For firm financial stability, strengthen risk management…
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China – CSRC Market Stability, Short Selling
On 5 February 2024, CHI CSRC shared measures to maintain stability of capital market. Include penalizing market manipulation/malicious short selling, stricter oversight of stock lending, risk management of stock pledge by major shareholders of listed firms.
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Greece – HCMC New Portal for Short Selling Reporting
On 2 February 2024, the regulator in Greece, the HCMC implemented a new portal to report short selling. new system replaces old short selling reporting mechanism and can be found here
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U.K. – FCA .2% Short Selling Threshold Effective
On 5 February 2024, the increase to UK short selling threshold became effective. .2% short selling threshold implemented by FCA replaces previous .1% short selling threshold
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Taiwain – FSC Lower Substantial Shareholding Threshold
On 30 January 2024, TAI FSC issued order on finalizing substantial shareholding amendment to regulations. TAI EXC also published the amended regulations into database on the same day. The substantial shareholding amendments are effective from 10 May 2024. Amendments Aims to lower the reporting threshold for substantial shareholdings from 10% to 5%. Substantial shareholders will…
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