Thursday February 22 2018

News Source: Global Disclosures

Focus: Short Selling

Type: General

Country: European Union




Om 22nd February 2018, the Executive Director of the European Securities and Markets Authority (ESMA), Verena Ross, appeared at the European Parliament’s Economic and Monetary Affairs Committee’s (ECON) meeting in Brussels.

The ECON scrutiny session dealt with ESMA’s Technical Advice on the evaluation of certain elements of the Short Selling Regulation (SSR) of 21 December 2017. In her opening statement, Ms Ross explained the three main areas of ESMA’s SSR advice:

  • the exemption for market making activities and the definition of market making activities;
  • the procedure for imposing short-term restrictions on short-selling; and
  • the method of notification and disclosure of net short positions.

A recording of the full scrutiny slot should be available on the European Parliament’s website.

Click on the above link for further information.