Getting ready for new selling regulation restrictions in the EU

Vincent O’Sullivan , FS Regulatory Centre of Excellence, PwC, UK and Stephen Kinsella, Department of Economics, University of Limerick, Ireland.

After much toing and froing, the ‘trialogue’ (European Commission, European Parliament and EU Council) reached agreement late last year on imposing a permanent EU-wide ban on naked credit default swaps (CDS) trading which will apply from 1 November 2012.