ESMA has published the official translations of its guidelines on exemptions for market making and primary dealers under the Short Selling Regulation (SSR). National supervisors now have two months to confirm to ESMA that they intend to comply with the guidelines or to explain any way in which they will not. ESMA expects supervisors to comply and wants the guidelines to become effective from 2 June. (Source: ESMA Publishes Market Making Exemption Translations)