Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 M... (32012R0236)
Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swaps Text with EEA relevance
- REGULATION (EU) No 236/2012 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
- of 14 March 2012
- on short selling and certain aspects of credit default swaps
- (Text with EEA relevance)
- CHAPTER I
- GENERAL PROVISIONS
- Article 1
- Scope
- Article 2
- Definitions
- Article 3
- Short and long positions
- Article 4
- Uncovered position in a sovereign credit default swap
- CHAPTER II
- TRANSPARENCY OF NET SHORT POSITIONS
- Article 5
- Notification to competent authorities of significant net short positions in shares
- Article 6
- Public disclosure of significant net short positions in shares
- Article 7
- Notification to competent authorities of significant net short positions in sovereign debt
- Article 8
- Notification to competent authorities of uncovered positions in sovereign credit default swaps
- Article 9
- Method of notification and disclosure
- Article 10
- Application of notification and disclosure requirements
- Article 11
- Information to be provided to ESMA
- CHAPTER III
- UNCOVERED SHORT SALES
- Article 12
- Restrictions on uncovered short sales in shares
- Article 13
- Restrictions on uncovered short sales in sovereign debt
- Article 14
- Restrictions on uncovered sovereign credit default swaps
- Article 15
- Buy-in procedures
- CHAPTER IV
- EXEMPTIONS
- Article 16
- Exemption where the principal trading venue is in a third country
- Article 17
- Exemption for market making activities and primary market operations
- CHAPTER V
- POWERS OF INTERVENTION OF COMPETENT AUTHORITIES AND OF ESMA
- SECTION 1
- Powers of competent authorities
- Article 18
- Notification and disclosure in exceptional circumstances
- Article 19
- Notification by lenders in exceptional circumstances
- Article 20
- Restrictions on short selling and similar transactions in exceptional circumstances
- Article 21
- Restrictions on sovereign credit default swap transactions in exceptional circumstances
- Article 22
- Measures by other competent authorities
- Article 23
- Power to restrict short selling of financial instruments temporarily in the case of a significant fall in price
- Article 24
- Period of restrictions
- Article 25
- Notice of restrictions
- Article 26
- Notification to ESMA and other competent authorities
- SECTION 2
- Powers of ESMA
- Article 27
- Coordination by ESMA
- Article 28
- ESMA intervention powers in exceptional circumstances
- Article 29
- ESMA’s powers in emergency situations relating to sovereign debt
- Article 30
- Further specification of adverse events or developments
- Article 31
- Inquiries by ESMA
- CHAPTER VI
- ROLE OF COMPETENT AUTHORITIES
- Article 32
- Competent authorities
- Article 33
- Powers of competent authorities
- Article 34
- Professional secrecy
- Article 35
- Obligation to cooperate
- Article 36
- Cooperation with ESMA
- Article 37
- Cooperation in case of request for on-site inspections or investigations
- Article 38
- Cooperation with third countries
- Article 39
- Transfer and retention of personal data
- Article 40
- Disclosure of information to third countries
- Article 41
- Penalties
- CHAPTER VII
- DELEGATED ACTS
- Article 42
- Exercise of the delegation
- Article 43
- Deadline for the adoption of delegated acts
- CHAPTER VIII
- IMPLEMENTING ACTS
- Article 44
- Committee procedure
- CHAPTER IX
- TRANSITIONAL AND FINAL PROVISIONS
- Article 45
- Review and report
- Article 46
- Transitional provision
- Article 47
- Staff and resources of ESMA
- Article 48
- Entry into force
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