South Korea Financial Services Commission Extends Ban on Short Selling to 30th March 2025, Previous 8-Month Full Ban on Short Selling Imposed from 6th November 2023 to June 2024, Reported $156 Million Illegal Short Selling of Shares in 164 Trades by 9 Investment Banks, Credit Suisse Facing Fine of $49 Million for Illegal Short Selling, South Korea Prosecutors Searched HSBC & BNP Paribas Offices for Illegal Naked Short-Selling, HSBC Fined $5.6 Million & BNP Paribas Fined $14.2 Million
13th June 2024 | Hong Kong
The South Korea Financial Services Commission (FSC) has extended the ban on short selling to 30th March 2025, with the previous 8-month full ban on short selling imposed from 6th November 2023 to June 2024. In 2024 May, the South Korea Financial Supervisory Service (FSS) reported $156 million of illegal short selling of shares in 164 trades by 9 investment banks. The South Korea Financial Supervisory Service (FSS) has been reported to be imposing a $49 million fine (50 billion Korean Won) on Credit Suisse for illegal short selling. In February 2024, South Korea prosecutors have been reported to have searched HSBC & BNP Paribas offices for illegal naked short-selling. HSBC was fined $5.6 million (7.5 billion Korean Won) and BNP Paribas was fined $14.2 million (Total of 19 billion Korean Won). In December 2023, the South Korea Securities & Futures Commission had fined 2 international investment banks $20 million (26.5 billion won) for naked short selling, with the names of investment banks to be released in 2 months. HSBC & BNP Paribas had been reported to be receiving possible fines for naked short selling. In November 2023, South Korea imposed an immediate 8-month full ban on short selling starting from 6th November till June 2024. In October 2023, South Korea Financial Supervisory Service fined 2 Hong Kong-based investment banks $30 million for illegal naked short selling between 2020 to 2022.
“ South Korea Financial Services Commission Extends Ban on Short Selling to 30th March 2025, Previous 8-Month Full Ban on Short Selling Imposed from 6th November 2023 to June 2024, Reported $156 Million Illegal Short Selling of Shares in 164 Trades by 9 Investment Banks, Credit Suisse Facing Fine of $49 Million for Illegal Short Selling, South Korea Prosecutors Searched HSBC & BNP Paribas Offices for Illegal Naked Short-Selling, HSBC Fined $5.6 Million & BNP Paribas Fined $14.2 Million “
South Korea Financial Supervisory Service Reports $156 Million Illegal Short Selling of Shares in 164 Trades by 9 Investment Banks, Credit Suisse Facing Fine of $49 Million for Illegal Short Selling, South Korea Prosecutors Searched HSBC & BNP Paribas Offices for Illegal Naked Short-Selling, HSBC Fined $5.6 Million & BNP Paribas Fined $14.2 Million
9th May 2024 – The South Korea Financial Supervisory Service (FSS) has reported $156 million of illegal short selling of shares in 164 trades by 9 investment banks. The South Korea Financial Supervisory Service (FSS) has been reported to be imposing a $49 million fine (50 billion Korean Won) on Credit Suisse for illegal short selling. In February 2024, South Korea prosecutors have been reported to have searched HSBC & BNP Paribas offices for illegal naked short-selling. HSBC was fined $5.6 million (7.5 billion Korean Won) and BNP Paribas was fined $14.2 million (Total of 19 billion Korean Won). In December 2023, the South Korea Securities & Futures Commission had fined 2 international investment banks $20 million (26.5 billion won) for naked short selling, with the names of investment banks to be released in 2 months. HSBC & BNP Paribas had been reported to be receiving possible fines for naked short selling. In November 2023, South Korea imposed an immediate 8-month full ban on short selling starting from 6th November till June 2024. In October 2023, South Korea Financial Supervisory Service fined 2 Hong Kong-based investment banks $30 million for illegal naked short selling between 2020 to 2022.
South Korea Financial Supervisory Service to Fine Credit Suisse $49 Million for Illegal Short Selling, South Korea Prosecutors Searched HSBC & BNP Paribas Offices for Illegal Naked Short-Selling, HSBC Fined $5.6 Million & BNP Paribas Fined $14.2 Million
3rd May 2024 – The South Korea Financial Supervisory Service (FSS) has been reported to be imposing a $49 million fine (50 billion Korean Won) on Credit Suisse for illegal short selling. In February 2024, South Korea prosecutors have been reported to have searched HSBC & BNP Paribas offices for illegal naked short-selling. HSBC was fined $5.6 million (7.5 billion Korean Won) and BNP Paribas was fined $14.2 million (Total of 19 billion Korean Won). In December 2023, the South Korea Securities & Futures Commission had fined 2 international investment banks $20 million (26.5 billion won) for naked short selling, with the names of investment banks to be released in 2 months. HSBC & BNP Paribas had been reported to be receiving possible fines for naked short selling. In November 2023, South Korea imposed an immediate 8-month full ban on short selling starting from 6th November till June 2024. In October 2023, South Korea Financial Supervisory Service fined 2 Hong Kong-based investment banks $30 million for illegal naked short selling between 2020 to 2022.
South Korea Prosecutors Searched HSBC & BNP Paribas Offices for Illegal Naked Short-Selling, HSBC Fined $5.6 Million & BNP Paribas Fined $14.2 Million
17th February 2024 – South Korea prosecutors have been reported to have searched HSBC & BNP Paribas offices for illegal naked short-selling. HSBC was fined $5.6 million (7.5 billion Korean Won) and BNP Paribas was fined $14.2 million (Total of 19 billion Korean Won). In December 2023, the South Korea Securities & Futures Commission had fined 2 international investment banks $20 million (26.5 billion won) for naked short selling, with the names of investment banks to be released in 2 months. HSBC & BNP Paribas had been reported to be receiving possible fines for naked short selling. In November 2023, South Korea imposed an immediate 8-month full ban on short selling starting from 6th November till June 2024. In October 2023, South Korea Financial Supervisory Service fined 2 Hong Kong-based investment banks $30 million for illegal naked short selling between 2020 to 2022.
South Korea Securities Commission Fines 2 International Investment Banks $20 Million for Naked Short Selling with Names of Investment Banks to be Released in 2 Months, HSBC & BNP Paribas Reported to be Receiving Possible Fines for Naked Short Selling, South Korea Imposed Immediate 8-Month Full Ban on Short Selling from 6th November Till June 2024
27th December 2023 – The South Korea Securities & Futures Commission has fined 2 international investment banks $20 million (26.5 billion won) for naked short selling, with the names of investment banks to be released in 2 months. HSBC & BNP Paribas had been reported to be receiving possible fines for naked short selling. In November 2023, South Korea imposed an immediate 8-month full ban on short selling starting from 6th November till June 2024. In October 2023, South Korea Financial Supervisory Service fined 2 Hong Kong-based investment banks $30 million for illegal naked short selling between 2020 to 2022.
South Korea Imposed Immediate 8-Month Full Ban on Short Selling from 6th November Till June 2024
11th November 2023 – South Korea has imposed an immediate 8-month full ban on short selling starting from 6th November till June 2024. In October 2023, South Korea Financial Supervisory Service fined 2 Hong Kong-based investment banks $30 million for illegal naked short selling between 2020 to 2022.
South Korea Financial Supervisory Service Fines 2 Hong Kong-Based Investment Banks $30 Million for Illegal Naked Short Selling Between 2020 to 2022
21st October 2023 – South Korea Financial Supervisory Service has fined 2 Hong Kong-based investment banks $30 million for illegal naked short selling between 2020 to 2022.
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- July 2024 - Hong Kong
- July 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Oct 2024 - Hong Kong
- Nov 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
