Short selling

Copyright © 2025 LexisNexis

STOP PRESS: The Short Selling Regulations 2025 were made and published on 13 January 2025, along with an explanatory memorandum. The regulations replace the assimilated UK Short Selling Regulation and establish a new legislative framework for the regulation of short selling in the UK, creating designated activities for short selling and giving the Financial Conduct Authority (FCA) rulemaking powers related to those activities, and powers to intervene in exceptional circumstances. Certain provisions came into force on 14 January 2025, with the remaining provisions coming into force on the day on which the revocation of the UK Short Selling Regulation comes into force under the Financial Services and Markets Act 2023.

This Overview provides a guide to the Lexis+® UK Financial Services content within the short selling subtopic with links to the appropriate materials.

What is short selling?

There are essentially two types of short selling: covered and uncovered (naked).

Covered short selling—in a covered short sale, the trader borrows the securities from a holder (lender) in return for a fee, and sells them to a purchaser. If the price of the securities

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Existing user? Sign-in TAKE A FREE TRIAL
Powered by Lexis+®
Latest Financial Services News

BoE publishes design notes on offline payments, alias service and digital pound update

The Bank of England (BoE) has published two design notes and a progress update as part of its work on the digital pound. The design notes cover offline payments and alias services, while the update outlines recent developments in the digital pound blueprint.

PSR and FCA publish joint response to HMT consultation on consolidating payment systems regulation

The Payment Systems Regulator (PSR) and the Financial Conduct Authority (FCA) have jointly published their response to HM Treasury’s (HMT) consultation on consolidating the PSR’s functions into the FCA’s legislative framework. The regulators support the move, stating it will enhance regulatory coherence, streamline oversight and better serve the UK’s payments ecosystem.

OFSI issues General Licence INT/2025/7628424

The Office of Financial Sanctions Implementation (OFSI) has issued General Licence INT/2025/7628424 under regulation 40 of the Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019, SI 2019/461. The licence allows Designated Persons (DPs), or those acting on their behalf, to make payments relating to remuneration, allowances and contractual or statutory redundancy payments for UK employees and directors. It also permits payments for employee pensions, fees and costs associated with the provision of IT services and fees or costs for UK chartered or certified accountancy services.

Financial Services—other developments (24/10/2025)

A round-up of other developments, which have not been covered in full by the LexisNexis Financial Services practical guidance team but may nevertheless be of interest.

View Financial Services by content type :  
News
Practice notes
Precedents
Q&As

Popular documents

Does section 89 of the Financial Services Act 2012 apply to investments in private as well as public

Does section 89 of the Financial Services Act 2012 apply to investments in private as well as public companies?Section 89(2) of the Financial Services Act 2012 (FSA 2012) details that a person commits an offence if they make a statement or conceals facts with the intention of inducing, or is

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
Does section 89 of the Financial Services Act 2012 apply to investments in private as well as public

Does section 89 of the Financial Services Act 2012 apply to investments in private as well as public

Does section 89 of the Financial Services Act 2012 apply to investments in private as well as public companies?Section 89(2) of the Financial Services Act 2012 (FSA 2012) details that a person commits an offence if they make a statement or conceals facts with the intention of inducing, or is

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

Late payment penalties—inheritance tax

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit