FSMA

The Financial Services and Markets Authority (FSMA) modifies the rules governing short selling of financial shares. The decision to do so was taken after consultation with the other members of ESMA, the European Securities and Markets Authority .

One of the aims of the measure is to limit the possibility of making a profit by disseminating misleading information. The measure also ensures a uniform approach to this matter, given the close inter-linkage between some European financial markets.