FCA issues ‘Handbook Notice 140’, introducing key updates including a simplified short selling regime, wider reforms to SMCR, listing rules, fees, and compensation schemes to streamline UK regulation

Key changes include the introduction of a standalone UK Short Selling Rules Sourcebook, replacing retained EU provisions with a simpler and more proportionate regime, alongside adjustments to SMCR-related requirements, listing rules, fees, and compensation arrangements. The updates also contain technical and consequential amendments across multiple modules of the Handbook, aimed at improving consistency, removing outdated EU-derived references, and reducing unnecessary complexity…