ESMA_QA_1944

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1944


Regulatory Context

Regulation : SSR

Level 1 Regulation: Short Selling Regulation (SSR) Regulation (EU) No 236/2012

Level 2 Regulation: No information available

Level 3 Regulation: No information available

Topic: Uncovered short sales

Subject Matter: Sovereign debt securities in foreign currency


Question

Submission Date: 13 September 2012

Are foreign currency bonds of EU Member States also covered by the restrictions on uncovered short sales in sovereign debts?


ESMA Answer

Answer Date: 13-09-2012

[ESMA70-145-408 SSR Q&A, Q&A 10.7] Yes, the prohibition provision covers sovereign debt securities irrespective of the currency in which they are issued.


This document was automatically extracted from the ESMA EMIR Q&A database.