EUROPE: ESMA publishes Compliance Table for Guidelines on Market Making under EU Short Selling Regulation

Thursday June 20 2013

The European Securities and Markets Authority has published to its website a Compliance Table in relation to its Guidelines on Exemption for market making activities and primary market operations under the EU Short Selling Regulation. The table indicates which national competent authorities have declared that they comply or intend to comply with the Guidelines and which do not comply. ESMA has also published the explanations provided by those national competent authorities who have indicated their non-compliance. Of the 27 member states, 5 (Denmark, Germany, France, Sweden and UK) have stated that they will not be complying with the ESMA guidelines.

Click here for the news release. Click here for the table. Click here for the ESMA Guidelines on market making and primary dealing exemptions.