Tag: EU financial regulation

December 22, 2015 BY Maria Nikolova

ESMA agrees to extend Greek bank shares short selling ban to January 11

The European Securities and Markets Authority (ESMA) on Monday published its official opinion, which approved an extension of the emergency short selling prohibition by the Hellenic Capital Market Commission (HCMC) on the shares of certain credit institutions under the Short Selling Regulation. The previous ban expired at 24:00:00 (CET) on December 21, 2015. The new measure…

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December 07, 2015 BY LeapRate Staff

ESMA extends Greek bank share short selling ban to December 21

The European Securities and Markets Authority (ESMA) has published an opinion agreeing with Greek regulator HCMC that a short selling ban on shares in five Greek banks should be extended. The original ban, which covered shares in Alpha Bank A.E., Attica Bank S.A., National Bank of Greece S.A., Eurobank Ergasias S.A., and Piraeus Bank S.A., expired…

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November 13, 2015 BY Maria Nikolova

EU confirms Switzerland's supervision of central counterparties as equivalent

The European Commission has recognized the Swiss supervisory regime of central counterparties as equivalent to the relevant provisions applicable within the European Union (EU). The decision, which was announced today, enables Swiss central counterparties to access cross-border markets in the EU. In order for central counterparties to offer cross-border services from Switzerland within the EU,…

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November 10, 2015 BY Maria Nikolova

ESMA agrees to extend short selling ban on shares in five Greek banks

The European Securities and Markets Authority (ESMA) last night published an opinion agreeing with Greek regulator HCMC that a short selling ban on shares in five Greek banks should be extended. The previous ban, which covered shares in Alpha Bank A.E., Attica Bank S.A., National Bank of Greece S.A., Eurobank Ergasias S.A., and Piraeus Bank…

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November 06, 2015 BY Maria Nikolova

ESMA names new members of Management Board

The European Securities and Markets Authority (ESMA) today announced that new members have been elected to its Management Board, in order to replace outgoing members whose term expires this month. The election took place at the Board of Supervisors meeting in Luxembourg on November 5, 2015. The successful candidates, who will serve a term of…

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October 22, 2015 BY Maria Nikolova

Bitcoin exchanges exempt from VAT: European Court of Justice ruling

Today brought a great piece of news for Bitcoin exchanges across the European Union, as the European Court of Justice (ECJ) has ruled that exchanging traditional currencies for Bitcoin should be exempt from consumption taxes like value added tax (VAT). The ruling was made in response to a case that originally arose in Sweden, leading…

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