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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
16/11/2018 ESMA33-128-585 STS Reporting Instructions Securitisation Reference PDF
768.87 KB
16/11/2018 ESMA63-313-463 Procurement plan overview 2018 Procurement Reference PDF
126.85 KB
13/11/2018 ESMA35-43-1206 MiFID II Supervisory Briefing on Suitability MiFID - Investor Protection Reference PDF
557.16 KB
13/11/2018 ESMA33-128-577 Statement on Securitisation implementation Securitisation Statement PDF
279.23 KB
09/11/2018 ESMA70-156-785 Reply form Reply form for the Call for evidence on periodic auctions for equity instruments MiFID - Secondary Markets Reference DOCX
772.02 KB
09/11/2018 ESMA80-187-149 Public statement- Contingency plans of Credit Rating Agencies and Trade Repositories in the context of the United Kingdom withdrawing from the European Union Credit Rating Agencies, Trade Repositories Statement PDF
137.78 KB
09/11/2018 ESMA70-156-785 Call for evidence periodic auctions for equity instruments MiFID - Secondary Markets Reference PDF
537.4 KB
07/11/2018 ESMA70-145-1020 List of national competent authorities that have increased the thresholds for the notification of transactions of persons discharging managerial responsibilities and closely associated persons Market Abuse Reference PDF
399.15 KB
07/11/2018 ESMA71-99-1058 ESMA new SC chairs Fund Management, MiFID - Investor Protection, Risk Analysis & Economics - Markets Infrastructure Investors Statement PDF
142.32 KB
07/11/2018 ESMA42-646012687-331 ESMA Guidelines Corporate Information, Guidelines and Technical standards Reference PDF
1.01 MB
07/11/2018 ESMA65-11-1194 FIRDS Reference Data XML Schema 1.1.0 Reference ZIP
44.43 KB
07/11/2018 ESMA65-11-1198 Double volume cap reporting instructions Reference PDF
948.29 KB
07/11/2018 ESMA65-11-1183 FIRDS transparency reporting instructions Reference PDF
1.69 MB
07/11/2018 ESMA65-11-1193 FIRDS reference data reporting instructions Reference PDF
3.41 MB
07/11/2018 ESMA42-110-812 Notifications of Compliance with Guidelines – Overview Table Guidelines and Technical standards Reference XLSX
68.73 KB
06/11/2018 Market makers - pdf Market makers and authorised primary dealers who are using the exemption under the SSR- PDF Short Selling Reference PDF
723.06 KB
06/11/2018 Market makers - XLS Market makers and authorised primary dealers who are using the exemption under the SSR- XLS Short Selling Reference XLSX
42.08 KB
31/10/2018 Net short thresholds Net short position notification thresholds for sovereign issuers Short Selling Reference XLSX
27.37 KB

According to Article 7(2) of the Short Selling Regulation, ESMA has to publish a list of the thresholds applicable to the sovereign issuers for the purpose of the notification to competent authorities of significant net short position in sovereign debt.

The way these notification thresholds are defined is further specified in the Commission Delegated Regulation No 918/2012 (the “DR”). The DR specifies that initial threshold categories shall be:
1.0.1% applicable where the total amount of outstanding issued sovereign debt is between 0 and 500 billion euros;
2.0.5% applicable where the total amount of outstanding issued sovereign debt is above 500 billion euros or where there is a liquid futures market for the particular sovereign debt.

The additional incremental levels shall be set at 50% of the initial thresholds. The reporting thresholds shall be monetary amounts fixed by applying the percentage thresholds to the outstanding sovereign debt of the sovereign issuer. They will be revised and updated quarterly to reflect changes in the total amount of outstanding sovereign debt of each sovereign issuer.

In addition, the DR states that the amount of outstanding debt should be calculated using a duration adjusted approach. ESMA has published a Q&A document on how to proceed for the duration adjustment.

The table of thresholds contains the name of the sovereign issuer, the amount of outstanding debt duration adjusted, the initial threshold amount and the relevant percentage, the incremental threshold amount and the relevant percentage.

Please note that the figures of the amount of outstanding debt are duration adjusted (not nominal amounts) and are approximations provided by competent authorities.
31/10/2018 ESMA20-92-103 ESMA Staff Stakeholder contacts in the Third Quarter 2018 Corporate Information Reference PDF
428.49 KB
31/10/2018 ESMA70-708036281-86 Designated Payment and Securities Settlement Systems Post Trading Reference PDF
1.17 MB

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