BELGIUM: FSMA publishes updated circular on Belgium market making and primary dealing exemption to EU short selling rules

Tuesday May 28 2013

The FSMA has published an updated circular on Belgium short selling to take into account ESMA`s Guidelines on the Belgium market maker and primary dealer exemptions under the EU Short Selling Regulation. 

The FSMA has confirmed that it shall observe the ESMA guidelines and expects the same from market makers andprimary dealers who submit a notification to the FSMA. The revised Circular provides that the notification for exemption must be addressed to the FSMA, Surveillance of Financial Markets, attn: Mr Erwin Zeerards, rue du Congrès 12-14, 1000 Brussels, fax: +32 2 220 59 03. They can be submitted by e-mail to info.fin@fsma.be but in that case they have to be confirmed by post or by fax.

Click on the above link for the revised circular.