Approaching the finish line: Short position reporting

Mondaq Business BriefingHong Kong Law Articles in English (2011)

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Approaching the finish line: Short position reporting

The SFC has issued a third consultation on its proposed new short position reporting regime, together with conclusions on its May 2011 consultation. It now seeks comment by 4 November 2011 on amended draft rules requiring weekly reporting of short positions on a net basis – rather than gross, as previously proposed. The consultation paper is available here:

https://www.sfc.hk/sfcConsultation/EN/sfcConsultMainServlet?name=ShtPostRptRulesConcl

Reporting on a net ba...

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