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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
20/05/2022 ESMA71-102-173 ESMA Q&As- list of questions currently under development Reference XLSX
131.49 KB
19/05/2022 Market makers - XLS Market makers and authorised primary dealers who are using the exemption under the SSR- XLS Reference XLSX
40.34 KB
19/05/2022 Market makers - pdf Market makers and authorised primary dealers who are using the exemption under the SSR- PDF Reference PDF
449.2 KB
18/05/2022 ESMA50-165-2096 Leverage and derivatives – the case of Archegos , Reference PDF
264.1 KB
16/05/2022 ESMA70-156-4754 Compliance table on Guidelines on MiFID II/MiFIR obligations on market data , Compliance table PDF
168.74 KB
13/05/2022 ESMA34-45-1128 Compliance table- Guidelines on performance fees in UCITS and certain types of AIFs , , Compliance table PDF
225.5 KB
13/05/2022 Net short thresholds Net short position notification thresholds for sovereign issuers Reference XLSX
26.5 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.

02/05/2022 ESMA82-402-859 Response form for the Joint Consultation Paper concerning sustainable disclosures for STS securitisations Reference DOCX
504.18 KB
19/04/2022 ESMA65-8-9568 FIRDS Reference Data Functional Specifications v2.10 Reference PDF
2.88 MB
19/04/2022 ESMA 65-8-9654 FIRDS Reference Data XML Schema v1.2.1 Reference ZIP
45.67 KB
08/04/2022 ESMA81-459-57 Working group on euro risk-free rates- 2 March 2022 minutes Reference PDF
969.61 KB
31/03/2022 ESMA81-459-52 Call for expression of interest issued towards administrators developing €STR-based forward-looking term structure as a fallback in EURIBOR-linked contracts Reference PDF
109.81 KB
18/03/2022 ESMA WP-2022-01 ESMA working paper on Flash crashes on sovereign bond markets Reference PDF
1.7 MB
02/03/2022 ESMA81-459-50 Working Group on Euro Risk-Free Rates – Work Programme for 2022/23 Reference PDF
186.08 KB
01/03/2022 ESMA50-165-2033 The 2020 short selling bans – market impact Reference PDF
282.3 KB
18/02/2022 ESMA50-164-5623 Alternative Investment Funds (AIFs) exposures to commercial real estate- 2020 , Reference PDF
109.33 KB
15/02/2022 ESMA50-164-4665 xls ESMA report on trends, risks and vulnerabilities No.1 2022- Structural Market Indicators xls , Reference XLSX
274.35 KB
15/02/2022 ESMA50-164-4665 ESMA report on trends, risks and vulnerabilities No.1 2022- Structural Market Indicators , Reference PDF
353.39 KB
15/02/2022 ESMA50-165-2063 Monitoring environmental risks in EU financial markets , Reference PDF
268.25 KB
15/02/2022 ESMA50-165-2061 ESMA report on trends, risks and vulnerabilities No.1 2022- Statistical annex , Reference PDF
1.59 MB

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