On 29 June 2023, UK Treasury said law provides UK's post-Brexit framework. UK Treasury announced Financial Services and Markets Act 2023 received royal assent. Royal assent secures passage into law of the overhaul of financial services regulation. Follows Treasury July 2022 introduced Financial services and markets bill. Follows UKP March 2023 issued details of Lords…
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Rulefinder Alerts to Temporary Short Selling Bans
On 28 June 2023, Rulefinder alerted to new temporary short selling bans in S Korea. Short selling bans effective for one day on 29 June.
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HK – SFC Charges 4 with Illegal Short Selling
On 23 June 2023, HK SFC said 4 people charged for illegal short selling. HK FSC said 4 suspects who were charged with securities fraud and illegal short selling appeared at the Eastern Magistracy; the case will be adjourned to Aug. 18, 2023. Discovered their suspicious trading activities during joint operation with the police. The…
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Sweden – FSA Fines for Failure to Report Short Selling
On 26 June 2023, Sweden's FSA fined Modelio Equity AB for failure to report short selling. Modelio Equity AB failed to report threshold breaches in short selling on four separate occasions. Modelio crossed or fell below relevant reporting thresholds. Modelio has been ordered to pay a special fee of SEK 2.5M.
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Know Before You Go…Investing in Japan
By all reports, investment money is flowing into Japan. With the Nikkei up over 30% this year, it appears that Japan is on the other side of Read the full article.
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22 June 2023 – Sweden FI Fines for Failure to Report Short Selling
Sweden Fines for Failure to Report Short Selling
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