FCA fines investment house over Premier Oil short disclosure
Fined £873,118 for failing to disclose position

ARCM was found to have failed to make 155 notifications of its net short position
The Financial Conduct Authority (FCA) has fined Hong Kong-based investment firm Asia Research and Capital Management (ARCM) £873,118 over a failure to disclose a short position held against Premier Oil built between February 2017 and July 2019.
Under rules introduced in 2012, firms are required to notify the FCA and disclose to the public details of net short positions held. ARCM was found to have failed to make 155 notifications of its net short...
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