CESR developed a list which provided an overview of the situation across Europe. CESR also considered it appropriate to launch a policy review, with the aim of formulating pan- European standards for short selling.

 

CESR is of the view that a pan-European regime for enhanced transparency of short selling should be implemented on a permanent and harmonised basis across the European Economic Area (EEA) by introducing European legislation in this area. Although the design of a common disclosure regime has been prioritised so far, CESR continues to consider whether further harmonised measures for the regulation of short selling, beyond disclosure, are required and feasible.