UK - New moves to improve the transparency of short-selling arrangements have been unveiled by the Financial Services Authority. The drive will be underpinned by securities settlement system Crest, which will publish aggregate stock-lending data for FTSE350 securities on a monthly basis.
An FSA review suggested this solution was the most favoured option for dealing with this issue. FSA director of markets and exchanges Gay Huey Evans said: “The consultation confirmed our view th...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date