Two key measures which the Commission made at the end of June under the Short Selling Regulation (SSR) have been published in the Official Journal (OJ):

  • the Commission Delegated Regulation on technical standards on:
    • notification and disclosure requirements with regard to net short positions;
    • details of the information ESMA should have in relation to net short positions; and
    • the method for calculating turnover to determine exempted shares; and
  • the Commission Implementing Regulation implementing technical standards on:
    • the means for public disclosure of net positions in shares;
    • the format of the information ESMA should have in relation to net short positions;
    • the types of agreements, arrangements and measures to adequately ensure that shares or sovereign debt instruments are available for settlement; and
    • the dates and period for the determination of the principal venue for a share.

(Source: SSR Measures in OJ)