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🔗 Back to Summary. 🇫🇷 French Version: 2012R0236_FR.46. Open the PDF. Direct link to EUR-LEX.
Article 45 – Review and report ⬅️ | ➡️ Article 47 – Staff and resources of ESMA
Article 46 - Transitional provision
1.
Existing measures falling within the scope of this Regulation, in force before 15 September 2010, may remain applicable until 1 July 2013 provided that they are notified to the Commission by 24 April 2012.
2.
Credit default swap transactions resulting in an uncovered position in a sovereign credit default swap that have been concluded before 25 March 2012 or during a suspension of restrictions on uncovered sovereign credit default swaps in accordance with Article 14(2) may be held until the maturity date of the credit default swap contract.