The MAS recently announced with effect from 1 October 2018, investors will be required to report their short positions and short sell orders in securities listed on the Singapore Exchange (SGX). AIMA had worked closely with the MAS during the consultation phase and was instrumental in the finalisation of the short selling regime.

Brief highlights of the regime:

• A short position has to be reported to the MAS if it reaches or exceeds the lower of: (a) 0.2% of total issued shares or units; or (b) SGD$2,000,000. 
• Existing flagging rules currently practised, remain unchanged, but have been formalised.
• Short sell orders and short positions will be aggregated and published by SGX and MAS respectively, but identities of short sellers will not be disclosed.

In this webinar, AIMA will alert our members to the short selling regime, review developments and assist with the preparation for implementation. AIMA would also welcome feedback during (or after) the webinar from market participants around implementation issues, or any issue which requires clarification with the MAS.

AIMA APAC Webinar - New Singapore Short Selling Regime

 

The webinar recording is available for replay here.