The prohibition on short selling lapsed as of 1 June 2009 and in the light of current market circumstances the AFM considers it unnecessary to continue the prohibition.
However, the AFM considers vigilance necessary and has implemented new temporary measures1. These measures require that short positions in Dutch financial institutions be notified to the AFM. To limit the administrative burden, short positions need only be reported to the AFM when reaching, exceeding or falling under certain thresholds2. The notification obligation is effective until 1 January 2010, but both the duration and the substance of the measures may be amended before expiry of this term.