On 7 October 2024, SK GVT stated that the bill on the short selling system would be presented to the Cabinet meeting on 10 October and 15 October 2024, before promulgation.
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15 October – S Korea Fines for Illegal Short Selling
S Korea Fines for Illegal Short Selling
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UAE – DC Updated Lending and Borrowing Rules / Short Selling
On 4 October 2024, UAE DC issued Securities Lending and Borrowing Rules version 2.4. UAE DC also issued 2024 Procedures for Securities Vending and Borrowing v 6.5. The changes, effective on 4 October 2024, are described in the circular DClear/2024/11. Amended Rule 4.5: an account (for regulated short selling and/or securities lending and borrowing) is…
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U.K. – FCA Updated Short Selling Sterling Rate
On 2 October 2024, UK FCA updated short selling sterling rate in guidance. FCA updated its short selling guidance page to update sterling price for calculation. Follows UK FCA October 2023 sterling rate update in short selling guidance. Background UK Short Selling Regulation (UK SSR) gives FCA powers to prohibit or restrict short selling, limit…
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Thailand – SEC Consultation on Changes to Short Selling Regime
On 1 October 2024, Thai SEC proposed rules re short selling and long sale transactions. Thai SEC proposed revision of regulations for securities trading services and short selling securities when securities companies do not yet have the securities in their possession. Addresses increasing volume of foreign investor trading through Thai securities firms, ensuring these firms…
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9 October 2024 – Italy Consob Fines for Breach of Short Selling Regulations
Italy Consob Fines for Breach of Short Selling Regulations
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