Share-owner stewardship in the UK, and SA by comparison

Asset Managers, FSCA

The South African investor community needs to take note of developments in the UK, and more specifically note the oversight role being played by the UK Financial Conduct Authority (“FCA”). The UK investment market has changed significantly since the publication of the first UK Stewardship Code in 2011. Asset owners and asset managers cannot delegate […]

No more silent big short positions

FSCA

South Africa has, and continues to trail other countries in its regulation of short sales. FSCA discussion paper However, late last year, the Financial Sector Conduct Authority (FSCA) published its discussion paper on the implementation of a short sale reporting and disclosure framework, in order to remedy this regulation shortfall. Market participants have until 15 […]