International compliance and FCA notifications: the ARCM case
By EsqSocial Corporation 23/10/20
The UK Financial Conduct Authority (FCA) has published a final notice fining Asia Research and Capital Management Ltd (ARCM) for breaches of short selling disclosure rules. Notably, this is the first time that the FCA has taken enforcement action in relation to the Short Selling Regulation 2012 (SSR), although it has regularly issued fines for other notification and reporting failures. This case provides some useful compliance reminders that extend beyond the SSR context and will be relevant to...
By: Dentons