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FCA makes changes to UK short selling rules to ease regulatory burden

A trader looking at screens at the London Stock Exchange.
Regulator insists changes won’t compromise regulatory oversight. Photo: Carl Court/Getty Images

The move is part of efforts by the UK regulators and government to cut red tape and reduce regulatory burden on firms, all in an effort to promote growth.

The UK’s financial watchdog has finalized a simpler short selling regime that “reduces reporting burdens for firms, while maintaining regulatory oversight.”

The FCA said the move, which comes after legislative changes under the Government’s repeal and replace programme to move away from EU laws, will help create a more efficient,