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|Date||Ref.||Title||Section||Type||Download||Info||Summary||Related Documents||Translated versions|
|03/01/2020||Market makers - pdf||Market makers and authorised primary dealers who are using the exemption under the SSR- PDF||Short Selling||Reference||PDF
|03/01/2020||Market makers - XLS||Market makers and authorised primary dealers who are using the exemption under the SSR- XLS||Short Selling||Reference||XLSX
|04/12/2019||ESMA70-21038340-46||Compliance table for the Guidelines on market making activities under the Short Selling Regulation||Guidelines and Technical standards, Market Integrity, Short Selling||Compliance table||PDF
|31/07/2019||ESMA31-67-535||Practical Guide on notifications of major holdings under the Transparency Directive||Corporate Disclosure, Corporate Information, Transparency||Reference||PDF
|11/04/2019||ESMA31-67-127||Question and answers on Transparency Directive (TD)||Brexit, Corporate Disclosure, Corporate Finance, Supervisory convergence, Transparency||Q&A||PDF
|24/01/2019||ESMA50-164-770||Links to national websites where net short positions in shares are disclosed||Short Selling||Reference||PDF
|31/10/2018||Net short thresholds||Net short position notification thresholds for sovereign issuers||Short Selling||Reference||XLSX
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:
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.
|23/08/2018||ESMA50-164-772||Links to the national websites explaining the procedures for notifications of net short positions||Short Selling||Reference||PDF
|29/05/2018||ESMA70-145-408||Question and Answers (Q&A) on the Regulation on short selling and certain aspects of credit default swaps (SSR)||Short Selling||Q&A||PDF
|05/03/2018||ESMA70-145-386||Technical Advice on the evaluation of certain elements of the Short Selling Regulation||Short Selling||Final Report||PDF
|22/02/2018||ESMA70-145-441||ECON scrutiny session Short Selling Regulation Verena Ross||Short Selling||Speech||PDF
|07/07/2017||ESMA70-145-127||Consultation paper on the evaluation of the short-selling regulation||Market Integrity, Short Selling||Consultation Paper||PDF
|12/06/2017||ESMA70-146-10||Opinion on CNMV emergency measure under the Short Selling Regulation||Short Selling||Opinion||PDF
|11/05/2017||ESMA32-60-172||Invitation to the ESMA European Single Electronic Format Meet-the-Market Workshop||Corporate Disclosure, European Single Electronic Format, Transparency||Reference||PDF
|06/04/2017||ESMA32-61-135||Comment Letter to IASB on ED 'Annual Improvements to IFRS Standards 2015–2017 Cycle'||Corporate Disclosure, IAS Regulation, Transparency||Letter||PDF
|06/04/2017||ESMA32-61-136||Comment Letter to EFRAG on ED 'Annual Improvements to IFRS Standards 2015–2017 Cycle'||Corporate Disclosure, IAS Regulation, Transparency||Letter||PDF
|05/01/2017||2016/1621||2016-1621 ESMA letter to EC on postponement of ESEF RTS||Corporate Disclosure, European Single Electronic Format, Transparency||Letter||PDF
|21/12/2016||2016/1682||2016-1682 Press Release on Feedback Statement on ESEF||Corporate Disclosure, European Single Electronic Format, Press Releases, Transparency||Press Release||PDF
|21/12/2016||2016/1668||2016-1668 ESMA feedback statement on ESEF||Corporate Disclosure, European Single Electronic Format, Transparency||Report||PDF