FRANCE: AMF publishes details on France short selling

Wednesday October 17 2012

The AMF has published its implementing measures on the EU Short Selling Regulaton, which enters into force on 1st November.

The current domestic provisions in the General Regulation will lapse on 1st November. The provisions on emergency measures, as detailed in the Monetary and Financial Code, will be aligned with the EU rules, and the rules on uncovered France short selling will be amended.

The AMF is developing a secure platform for the reporting of short positions, which will replace the current system. The AMF intends to shortly publish a technical document explaining the reporting methods and the functioning of the reporting platform. 

Click on the above link for more details.