ESMA_QA_1951

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1951

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: Other SSR-related topics

Subject Matter: Uncovered Credit Default Swap - Uncovered CDS restriction and protection seller

Submission Date: 13 September 2012

Do the restrictions on uncovered sovereign credit default swaps also apply to the protection seller?

Answer Date: 13-09-2012

[ESMA70-145-408 SSR Q&A, Q&A 11.1] No, the restriction on uncovered sovereign credit default swaps applies only to the protection buyer of a CDS.

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