Federal Republic of Germany:  Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFin)/Federal Financial Supervisory Authority

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Yale University EliScholar – A Digital Platform for Scholarly Publishing at Yale YPFS Documents (Series 1) Browse by Media Type 5-18-2020 Information Regarding the Scope of Prohibitions on Short-Selling Imposed by Other Authorities in the EU Federal Republic of Germany: Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFin)/Federal Financial Supervisory Authority Follow this and additional works at: https://elischolar.library.yale.edu/ypfs-documents Recommended Citation Federal Republic of Germany: Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFin)/Federal Financial Supervisory Authority, "Information Regarding the Scope of Prohibitions on Short-Selling Imposed by Other Authorities in the EU" (2020). YPFS Documents (Series 1). 8634. https://elischolar.library.yale.edu/ypfs-documents/8634 This Document is brought to you for free and open access by the Browse by Media Type at EliScholar – A Digital Platform for Scholarly Publishing at Yale. It has been accepted for inclusion in YPFS Documents (Series 1) by an authorized administrator of EliScholar – A Digital Platform for Scholarly Publishing at Yale. For more information, please contact elischolar@yale.edu. 10/19/2020 BaFin - News - Information regarding the scope of prohibitions on short-selling …https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Meldung/2020_Corona/meldung_2020_03_19_corona_virus3_Leerverkaufsverbote_en.html 1/1The following information serves to provide clarification with regard to the prohibitions on establishing and increasing net short positions imposed by the SpanishNational Securities Markets Commission (CNMV) on 17 March 2020 (extended up to 18 May 2020), the Italian National Commission for Companies and the StockExchange (CONSOB) on 18 March 2020 (in force up to 18 June 2020, shortened to 18 May 2020), the French Securities Supervisory Authority (AMF) on 18 March 2020(extended up to 18 May 2020), the Belgian Financial Services and Markets Authority (FMSA) on 18 March 2020 (extended up to 18 May 2020), the Greek HellenicCapital Market Commission (HCMC) on 18 March 2020 (extended up to 18 May 2020) and the Austrian Financial Market Authority (FMA) on 18 March 2020(extended up to 18 May 2020):Federal Financial  Supervisory AuthorityPublications & data19.03.2020, updated on 19.05.2020 | Topic Short sellingInformation regarding the scope of prohibitions on short-selling imposed by other authorities in the EUInstruments related to the indices Euro STOXX 50®, STOXX® Europe 600, MSCI Europe, MSCI EMU and Euro STOXX® FOOD & BEVERAGE are exempt from the short-sellingprohibitions; trading in these instruments is therefore possible and is not covered by the prohibitions.This is because the prohibitions imposed with regard to establishing and increasing net short positions apply to all shares in the relevant markets, as well as to derivativeinstruments, which under the EU Short Selling Regulation must be taken into account in the calculation of net short positions. However, the restrictions apply to index-relatedinstruments only if the shares covered by the prohibitions exceed the respective defined thresholds expressed as a percentage of their index weighting. This is not the casefor instruments related to Euro STOXX 50®, STOXX® Europe 600, MSCI Europe, MSCI EMU and Euro STOXX® FOOD & BEVERAGE.With the exception of those listed , instruments related to the index Euro STOXX® Banks are also exempt from the short-selling prohibitions; trading in theseinstruments is therefore possible and is not covered by the prohibitions.here [HTTPS://TWITTER.COM/INTENT/TWEET?TEXT=BAFIN%20%20-%20%20NEWS%20-%20INFORMATION%20REGARDING%20THE%20SCOPE%20OF%20PROHIBITIONS%20SELLING%20%E2%80%A6&URL=HTTPS%3A%2F%2FWWW.BAFIN.DE%2FSHAREDDOCS%2FVEROEFFENTLICHUNGEN%2FEN%2FMELDUNG%2F2020_CORONA%2FMELDUNG_2020_ [HTTPS://WWW.FACEBOOK.COM/SHARER/SHARER.PHP?U=HTTPS%3A%2F%2FWWW.BAFIN.DE%2FSHAREDDOCS%2FVEROEFFENTLICHUNGEN%2FEN%2FMELDUNG%2F2020_CORONA%2FMELDUNG_2020_03_19_CORONA_VIRUS3_LEER© BaFin https://www.bafin.de/dok/13838216TWEETSHAREMAIL  [HTTP://CT.DE/-2467514]

Information Regarding the Scope of Prohibitions on Short-Selling Imposed by Other Authorities in the EU

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Information Regarding the Scope of Prohibitions on Short-Selling Imposed by Other Authorities in the EU

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