On 14 March 2012 the Council of Ministers and the European Parliament passed Regulation No 236/2012 on shortselling and certain aspects of credit default swaps. The EU Commission has also adopted a number of delegated acts.
See these documents at the European Commission's website on shortselling:
- Executive Order on Penalties for Violation of 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 Swap
- Guidelines on exemption for market making activities and primary market functions under the Short Selling Regulation