UK Treasury Short-selling (notification threshold) regulations 2023 (StIn 2023/1258). Follows UK Treasury Dec. 2022 call for evidence on short selling rules. Also follows UK FCA Nov. 2023 update on the short selling regulations. Amends onshored SSR, increasing the notification threshold for the reporting of net short positions to the UK FCA from 0.1% to 0.2%…
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RRS Ready for New US SEC Filing Requirements
On 30 November 2023, Solutions Atlantic released system and rule updates to RRS to meet the updated reporting obligations for US SEC Schedule 13D and 13G filers and the new short selling rule 13f-2.Read the full article.
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S Korea – KRX Distributes Explanatory Materials on Short Selling
On 28 November 2023, KRX said that it has distributed explanatory materials on the short selling reform measures discussed during the 16 November 2023 meeting. The materials detail discussions by securities-related organizations on how to address the tilted playing field of short selling conditions, short selling computer system. Related organizations including KRX will collect opinions…
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U.K. – FCA Short Selling Regulations
On 23 November 2023, UK FCA issued an update on the short selling regulations. UK FCA issued an update on the Short selling (notification threshold) regulations 2023 and on the government's draft statutory instrument – Short selling regulations 2024. Also issued an update on UK Treasury's response with the government’s final policy position for short…
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S Korea – FSC Renews Ban on Short Selling
On 23 November 2023, SK FSS, KRX formed a task force with SK FIA and the industry, held a kick-off meeting to develop a computer system for preventing naked short selling. Will discuss ways to build an internal computer system for institutional investors conducting short selling, to operate a real-time system to block naked short…
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U.K. – Treasury Further Consultation on Short Selling Regulation
On 22 November 2023, UK Treasury published Government response to short selling regulation: consultation – sovereign debt and credit default swaps. Sets out UK GVT's final policy position for regulation of short selling of sovereign debt and CDS, and summarizes the responses received to consultation on 11 July 2023. Specifies UK GVT's approach to aspects…
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