S Korea – FSS Foreign Investment / Short Selling

S Korea – FSS Foreign Investment / Short Selling

On 29 November 2022, SK FSS issued final rules approved on 28 November, effective 30 November 2022.

Background:

On 4 November 2022, SK FSS proposed rules on registration, short selling reports.

  • SK FSS proposed Detailed regulations of the regulations on financial investment business, to ease burden on foreign investment business submitting documents.
  • Revise registration form; update existing form and introduce new form for fulfilling reporting obligation associated with lending transactions when reporting balance for short sales, reporting on loan transaction information re short selling after 90 days.