Regulatory Alerts2019-01-01
Decision No. 268 of 2019 Regarding the Regulation of Securities Lending for Sale Purposes
The Financial Regulatory Authority issued Decision No. 268 of 2019 to establish the regulatory framework for conducting securities lending operations with the specific intent of selling the borrowed securities. This decree defines the permissible procedures and compliance requirements for market participants engaging in these short-selling mechanisms. The regulation aims to enhance market transparency and mitigate risks associated with uncovered short positions within the financial sector.
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