The Board of the Autorité des marchés financiers (AMF) has decided to maintain the measures it introduced on 19 September to govern the short-selling of financial sector securities.
In light of current market conditions, the Board saw no reason to modify the September measures, which therefore remain unchanged:- the list of companies concerned is identical to that published on 22 September;
- the contents of the Q&A issued on 23 September are still valid.
Marie-Ange Debon and Jean-Pierre Hellebuyck, who co-chair the working group formed in early November to recommend a permanent regime governing short-selling, have been asked by the Board to put forward proposals as soon as possible with a view to harmonising the short-selling regulations that apply in leading financial centres. The Board is closely monitoring the group's deliberations, as well as the work being done in this area by CESR and IOSCO, and intends to re-examine in February the measures it has today decided to keep in place.
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