麻豆传媒

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
麻豆传媒
Leading the Way

Global 麻豆传媒 Finance News and Commentary
≔ Menu
麻豆传媒
Leading the Way

Global 麻豆传媒 Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. HomeRegulation news
  2. FCA amends notification threshold in short selling regulation
Regulation news

FCA amends notification threshold in short selling regulation


17 January 2024 UK
Reporter: Carmella Haswell

Generic business image for news article
Image: Lemonsoup14/stock.adobe.com
The Financial Conduct Authority (FCA) has introduced a new notification threshold for shorted stocks and sovereign debt under Short Selling Regulations (SSR).

Coming into force on 5 February 2024, the legislation will increase the notification threshold for the reporting of net short positions in eligible shares to the from 0.1 per cent to 0.2 per cent of total issued share capital of an issuer.

The decision follows responses from HM Treasury's call for evidence on the regulation.

The Authority has requested that firms make the 鈥渘ecessary changes鈥 to their systems and internal processes to allow them to submit notifications at the higher threshold via the Electronic Submission System (ESS portal).

In terms of the new UK sovereign debt thresholds and uncovered positions in UK sovereign debt credit default swaps, new rules were implemented on 15 January.

According to the FCA, UK sovereign issuers will now need to report 0.50 per cent of the amount of outstanding UK debt in addition to an incremental level of 0.25 per cent.

Certain shares are exempt from the notification and disclosure requirements in the UK SSR, if the principal venue for the trading of the shares is located outside the UK.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 麻豆传媒 Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Default

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →