The U.K. Financial Conduct Authority has provided an update on the notification and disclosure of net short positions. Firstly, the FCA is currently undertaking its biannual review of the U.K. List of Exempted Shares, which is set out in Article 16(2) of the U.K. Short Selling Regulations. The updated list will be uploaded to the FCA's website on January 1, 2025, and will apply to all positions from this date. Secondly, the government intends to lay the draft Short Selling Regulations 2024 before parliament and replace the assimilated EU law Short Selling Regulations before the end of the year, parliamentary time allowing.
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