The Committee of European Securities Regulators (Cesr) will introduce mandatory European-wide disclosure of short positions in shares, adopting the UK Financial Services Authority’s (FSA) current policy, IFLR can reveal.
The disclosure requirement will place an extra administrative and cost burden on banks involved in short selling, but is not expected to threaten market stability.
Cesr is expected to implement a disclosure threshold of 0.5%, above which a short position is considered significant and must be disclosed to both regulators...