Monday July 2 2012
News Source: Global Disclosures
Focus: Short Selling
Type: General
Country: European Union
The European Commission has published a set of frequently asked question regarding the technical standards that have been adopted on EU short selling.
The document details the procedure for drafting and adopting these technical standards, as well as setting out the different kinds of agreements that adequately ensure settlement for EU short selling of shares and sovereign debt. It also states what restrictions are provided for in the EU Short Selling Regulation on naked EU short selling.
Click on the above link for more details