Canada:
EU Adopts New Regulation On Short Selling And Credit Default Swaps
02 March 2012
Stikeman Elliott LLP
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On February 21, the European Union adopted a regulation on short selling and certain
aspects of credit default swaps. The regulations are
intended to introduce common EU transparency requirements
and harmonize the powers that regulators can use in exceptional
situations where there is a serious threat to financial stability.
As we discussed in
an October 2010 post, the regulation was
initially proposed by the European Commission in a few years
ago.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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