The Short Selling (Notification Threshold) Regulations 2023 were recently published in the Official Journal of the UK at legislation.gov.uk. The regulations raise the threshold of reportable net short positions that must be notified to the Financial Conduct Authority (FCA) as outlined in Article 5 of the Retained Short Selling Regulation (UK SSR) from 0.1% to 0.2% of an issuer’s total issued share capital. This measure is aimed at reducing reporting burdens of firms and is in line with current UK efforts to enhance growth and investment while maintaining stability and security in the UK financial market.
The regulations will come into force on February 5, 2024.
Other Features
compliance
issuer
limit
notifications
reporting
restrictions
securities
short selling
Date Published: 2023-11-27
Date Taking Effect: 2024-02-05
Regulatory Framework: Retained Short Selling Regulation (UK SSR)
Regulatory Type: regulation
The Retained EU Law (Revocation and Reform) Act 2023 (Consequential Amendment) ...
ID 26541
The Retained EU Law (Revocation and Reform) Act 2023 (Consequential Amendment) Regulations ...
Correction Slip 1
ID 26537
On December 22, 2023, a correction slip to the new Money Laundering and Terrorist Financin ...
The Pensions Dashboards (Prohibition of Indemnification) Act 2023 (Commencement) ...
ID 26469
The new Pensions Dashboards (Prohibition of Indemnification) Act 2023 (Commencement) Regul ...
The Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) (No. ...
ID 26391
The Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) (No. 2) Orde ...