Regulatory Alerts2024-11-05 | 83329Added · Updated
Strengthened Disclosure Requirement on Net Short Position Balance Effective December 1
The Financial Services Commission announced that the government approved revisions to the Enforcement Decree of the Financial Investment Services and Capital Markets Act to strengthen short sale disclosure requirements. Starting December 1, 2024, investors holding a net short position of 0.01 percent or KRW 1 billion or more in total issuance volume must disclose their balances, significantly lowering the previous threshold of 0.5 percent. This measure is part of broader reforms aimed at curbing illegal trading practices, with additional regulatory updates expected regarding monitoring systems and collateral ratios.
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