In its latest "Market Watch" newsletter FSA comments on its approach to operational procedures under the EU Short Selling Regulation. It must have procedures in place so market participants can comply with the Regulation once it comes into effect on 1 November. The newsletter looks at the way in which firms should notify short positions to FSA and disclose them to the public. FSA will consult later this year on changes to the Handbook to implement the Regulation. It notes it will not publish its own set of FAQs as ESMA will do this, but says it will answer questions from market participants. (Source: Market Watch Issue No. 42)
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FSA publishes new market watch
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