Tuesday June 21 2011
News Source: Global Disclosures
Focus: Short Selling
Type: Correspondence with Regulators
Country: Germany
The German Regulator, BaFin, has responded to an enquiry regarding the disclosure regime pursuant to General Decree of 4 March 2010 extended by General Decree of 31 January 2011:
“I would like to advise you to BaFin`s published Frequently Asked Questions (FAQs) to the ban on Germany naked short-selling transactions pursuant to section 30h WpHG as well as the FAQs to the ban on credit default swaps (CDS`s) pursuant to section 30j WpHG. The attached version of the FAQs should facilitate the handling of the ban on Germany short-selling in the future.
The FAQs in German as well as further information and forms related to the bans on Germany naked short-selling, also in German, can be found on the BaFin-homepage on the following link:
Startseite > Unternehmen > Börsennotierte Unternehme > Leerverkäufe (http://www.bafin.de/cln_179/nn_2097022/DE/Unternehmen/BoersennotierteUnternehmen/Leerverkaeufe/leerverkaeufe__node.html?__nnn=true).
On the English BaFin-homepage you can retrieve this information in the future as well. The texts are translated currently.”
Please click here to download the attached Frequently Asked Questions.