The Short Selling (Amendment) (EU Exit) Regulations 2018

Made: 6th December 2018

Coming into force in accordance with regulation 1

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PART 1 — General provisions

Citation and commencement

1

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PART 2 — Amendment of primary legislation

Amendment of the Financial Services and Markets Act 2000

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PART 3 — Amendments of Regulation (EU) No 236/2012

Introduction to amendments of Regulation (EU) No 236/2012

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Scope

4

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Interpretation

5

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Short and long positions

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Sovereign credit default swap

7

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Transparency of Net Short Positions

8

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Uncovered short sales

9

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Exemptions

10

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Powers of intervention

11

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ESMA

12

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Competent Authorities

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Regulations

14

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PART 4 — Amendments of Level 2 Legislation

Amendments of Commission Delegated Regulation (EU) No 918/2012

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Signed

Paul Maynard — Rebecca Harris — Two of the Lords Commissioners of Her Majesty's Treasury — 2018-12-06

Explanatory note

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Footnotes

[^f00001]: 2018 c.16.

[^f00002]: 2000 c.8.

[^f00003]: Sections 131B to 131K were inserted by s.8 of the Financial Services Act 2010 (c.28). Subsections (5A) and (5B) were inserted by S.I. 2012/2554.

[^f00004]: Sections 131FA and 131FB were inserted by S.I. 2012/2554.

[^f00005]: References to Regulation 2014/600/EU are to that Regulation as amended by type=start slip=2018-03-01 time=1552914525051the Markets in Financial Instruments (Amendment) (EU Exit) Regulations (S.I. 2018/1403).type=end slip=2018-03-01 time=1552914525051

[^f00006]: S.I. 2001/544.

[^f00007]: 2018 c.12.

Editorial notes