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The Luxembourg market is particular in the sense that international groups as well as investors have chosen Luxembourg as a European financial centre specialising in serving international clients and investors.

Further to the publication of the Guidelines on April 2nd 2013 by ESMA, the Commission de Surveillance du Secteur Financier has by way of the Circular amended Circular 12/548 concerning the practical aspects of implementing Regulation No 236/2012 of March 14th 2012 on short selling and certain aspects of credit default swaps.