The UK plans to abolish the identification disclosure system for shorting in the stock market.

robot
Abstract generation in progress

Jin10 data reported on October 28, according to the Financial Times, the UK Financial Conduct Authority will announce new regulations on Tuesday that will allow traders shorting UK listed companies to no longer publicly disclose their identification. The regulator is expected to adopt an anonymous aggregation method, only disclosing the total amount of short positions against each company. This rule adjustment stems from the fact that the UK is no longer bound by the EU regulatory framework after Brexit. The EU previously required public disclosure when short positions exceeded 0.5% of a company's equity, while the new UK regulations will align its regulatory system with that of the United States—where only the total amount of short positions is required to be disclosed, without revealing the specific identities of holders. The UK Financial Conduct Authority also plans to relax the threshold for short sellers to report their positions to the regulator, raising the reporting starting point from 0.1% of equity to 0.2%. This reform is seen as a response to the government's call to enhance the competitiveness of the UK economy and is expected to be welcomed by the hedge fund community. However, the decrease in regulatory transparency has also raised concerns in the market.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)