ESMA LIBRARY

The ESMA Library contains all ESMA documents. Please use the search and filter options to find specific documents.
254
DOCUMENTS

REFINE YOUR SEARCH

Sections

Type of document

Your filters
MiFID - Investor Protection X Audit X Corporate Governance X Guidelines and Technical standards X Securities Financing Transactions X Fund Management X Corporate Disclosure X Short Selling X Innovation and Products X CESR Document X Reference X Speech X
Reset all filters

Pages

Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
08/12/2022 Market makers - XLS Market makers and authorised primary dealers who are using the exemption under the SSR- XLS Reference XLSX
41.24 KB
08/12/2022 Market makers - pdf Market makers and authorised primary dealers who are using the exemption under the SSR- PDF Reference PDF
460.73 KB
07/12/2022 ESMA34-45-1576 Cross-border distribution of investment funds Reference PDF
1.61 MB
07/12/2022 ESMA35-43-1410 Contact points of national supervisory authorities for communication in the MiFID II framework on supervisory cooperation, authorisation, acquisitions and passporting Reference PDF
347.85 KB
01/12/2022 ESMA24-436-1489 Chair Opening Statement ECON, 1 December 2022- Energy derivative markets , , , , , Speech PDF
156.14 KB
30/11/2022 ESMA35-42-1305 ESCPR- Miscellaneous reporting to ESMA , Reference PDF
381.28 KB
24/11/2022 ESMA50-164-6745 ESMA advice on CBI measure AIFMD Art25 Reference PDF
287.99 KB
18/11/2022 ESMA34-466-291 Supervisory priorities and challenges for investment managers- Natasha Cazenave at EFAMA 2022 Speech PDF
159.09 KB
18/11/2022 ESMA34-472-383 Response form- CP on Guidelines on funds names , Reference DOCX
772.59 KB
04/11/2022 Net short thresholds Net short position notification thresholds for sovereign issuers Reference XLSX
26.52 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.

04/11/2022 ESMA42-110-812 Notifications of Compliance with Guidelines – Overview Table Reference XLSX
140.21 KB
31/10/2022 ESMA50-164-772 Links to the national websites explaining the procedures for notifications of net short positions Reference PDF
159.53 KB
28/10/2022 ESMA42-112-389 List of extra-judicial mechanisms for consumers complaints (Art. 75 MiFID II) Reference PDF
265.62 KB
24/10/2022 ESMA24-436-1150 Annex to the Opening Statement- 2022 ECON Annual Hearing, 24 October 2022 , , , , , , , Reference PDF
701.79 KB
14/10/2022 ESMA71-319-231 Natasha Cazenave speech at AFME Conference: ESMA’s New Strategic Orientation, 13 October 2022 , , , , Speech PDF
148.72 KB
05/10/2022 ESMA42-646012687-331 ESMA Guidelines , Reference XLSX
100.24 KB
03/10/2022 ESMA34-46-101 Register of authorised European long-term investment funds (ELTIFs) Reference XLSX
58.52 KB
16/09/2022 CPD22 Joint ESAs Consumer Protection Day- Programme , Reference PDF
234.44 KB
20/07/2022 SSR sanctions Administrative measures and sanctions applicable in Member States to infringements of the Short Selling Regulation (SSR) Reference PDF
372.65 KB
20/07/2022 ESMA50-164-2193 TRV Article_Key Retail Risk Indicators for the EU single market , Reference PDF
428.33 KB

Pages