On 5 March 2023, ISLA submitted a response to His Majesty’s (HM) Treasury – Call for Evidence on Short Selling Regulation (SSR).
The SSR was introduced by the European Union (EU) and was brought into the UK statute book after the UK’s exit from the EU. In implementing the outcomes of the Future Regulatory Framework (FRF), the Government will repeal this regulation, and replace it with a regulatory regime tailored to UK markets.
The HM Treasury’s Call for Evidence publication can be found here.
ISLA was encouraged to see the following statement made by the UK regulator:
“Short selling plays a healthy role in the proper functioning of financial markets. It provides essential liquidity to markets which drives investment in British firms, emboldens economic growth, and helps ensure investors pay the right price when investing in shares.”
View ISLA’s full response here.
ISLA’s Regulatory Steering Group leads discussions on these topics. Visit ISLA’s Short Selling Regulation page to learn more.
6 March 2023Subscribe to our news