AUSTRIA: FMA Austria Short Selling Measures to Apply Beyond EU Short Selling Regulation

Thursday June 14 2012

The EU regulation on Austria short selling and credit default swaps will come into force on 1 November 2012. However, Article 46 stipulates that national measures that are currently in force, and have been in force since before 15 September, 2010, and that fall within the remit of the regulation, may remain applicable until 1 July 2013, as long as such measures were notified to the European Commission by 24 April 2012.

Austria has been the only country so far to communicate their existing short selling measures to the European Commission.

This information will be updated as more details become available