Short Selling Regulation: ESMA Call for Evidence

more+
less-

On February 12, the European Securities and Markets Authority (ESMA) published a call for evidence in order to evaluate the effects of the Short Selling Regulation. The call for evidence was published in response to the European Commission’s request for technical advice, issued in December 2012.

The call for evidence is focused on the six main areas of the Short Selling Regulation:

  • Requirements relating to transparency and reporting.
  • Restrictions on the short selling of sovereign debt and shares.
  • Restrictions on entering uncovered sovereign credit default swaps.
  • Settlement discipline, including buy-in procedures.
  • Exemptions.
  • Intervention powers and emergency measures.

The deadline for responses to the call for evidence is March 15, 2013.

 


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Orrick - Structured Finance Group | Attorney Advertising

Written by:

more+
less-

Orrick - Structured Finance Group on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×