The Netherlands Authority for the Financial Markets (AFM) extends the current measure that obliges investors to notify significant short positions in Dutch financial institutions to the AFM.
The AFM acknowledges the importance of short selling to the trade and for the proper operation of the financial markets. The circumstances in the financial markets, however, demand vigilance. The AFM therefore still considers the notification obligation with respect to significant short positions to be necessary. The AFM intends to withdraw this measure as soon as market circumstances allow.
The AFM also still strives for permanent, European measures that increase the transparency of short selling. It therefore works, in the context of the CESR, on proposals to the European Commission for a European reporting regime for short positions.
You can download the 'Temporary Regulations Concerning the Notifying of Short Positions' next to this text in PDF format.
The AFM promotes fairness and transparency within financial markets. We are the independent supervisory authority for the savings, lending, investment and insurance markets. The AFM promotes the conscientious provision of financial services to consumers and supervises the honest and efficient operation of the capital markets. Our aim is to improve consumers’ and the business sector’s confidence in the financial markets, both in the Netherlands and abroad. In performing this task the AFM contributes to the prosperity and economic reputation of the Netherlands.
The AFM is committed to promoting fair and transparent financial markets.
As an independent market conduct authority, we contribute to a sustainable financial system and prosperity in the Netherlands.