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19 July 2010

CESR updates the list of measures regarding short-selling


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EU securities regulators have adopted measures in their respective markets either to limit, or to introduce stringent requirements or further reporting obligations by firms to supervisory authorities on short-selling. The latest update has been provided by the Polish KNF.


CESR updates the list of measures recently taken by Members regarding short-selling. The documents will be updated on a continuous basis; the latest update has been provided by the Polish KNF.
EU securities regulators are closely monitoring the functioning of the markets under current circumstances and are considering possible actions which might be taken to contribute to orderly functioning markets. Any such actions will be taken with a view to strengthening confidence in financial markets and protecting investors. Particularly CESR, in its role as a network bringing together EU securities regulators, has been coordinating actions by its Members regarding the short-selling practices, in particular in financial companies. Some EU securities regulators have adopted measures in their respective markets either to limit, or to introduce stringent requirements or further reporting obligations by firms to supervisory authorities on short-selling.
On 22 September 2008, CESR published a statement that facilitates an overview of actions taken by CESR Members in relation to short-selling. The statement paper includes either the statements or links to the statements published by CESR Members explaining the measures taken. This paper is not a comparison of the measures taken.


© CESR - Committee of European Securities Regulators


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