The European Securities and Markets Authority (ESMA) has updated the Q&A on the Implementation of the Regulation on short selling and certain aspects of credit default swaps.
The purpose of the Q&A is to promote common supervisory approaches and practices amongst the EU’s national securities markets regulators on the requirements of the Short Selling Regulation, once it comes into force on 1 November 2012. It will also provide clarity on the requirements of the new regime to market participants and investors.
Additional Q&As relate in particular to the duration adjustment issue for calculating net short positions in sovereign debt, and to the calculation and reporting for the specific situation of group and fund management activities.
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ESMA Publishes An Update Of The Q&A On Short Selling Regulation
Date 10/10/2012