ESMA LIBRARY

The ESMA Library contains all ESMA documents. Please use the search and filter options to find specific documents.
251
DOCUMENTS

REFINE YOUR SEARCH

Sections

Type of document

Your filters
Short Selling X Risk Analysis & Economics - Markets Infrastructure Investors X Trading X ITMG X Securities Financing Transactions X Fund Management X Post Trading X Technical Standards X Vacancy X Reference X
Reset all filters

Pages

Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
09/08/2022 ESMA70-155-11635 CSD Register Reference PDF
1.15 MB
04/08/2022 Net short thresholds Net short position notification thresholds for sovereign issuers Reference XLSX
28.52 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.

25/07/2022 ESMA70-708036281-113 Third-country markets considered as equivalent to a regulated market under EMIR Reference PDF
68.9 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
419.1 KB
11/07/2022 ESMA70-450-1185 Reply_Form_CP_Consultation Paper_Amendment of Article 19 of CSDR RTS on Settlement Discipline Reference DOCX
749.66 KB
11/07/2022 ESMA70-446-675 Reply_Form_CP on CO and DTO referencing ESTR Reference DOCX
750.84 KB
08/07/2022 Market makers - XLS Market makers and authorised primary dealers who are using the exemption under the SSR- XLS Reference XLSX
41.05 KB
08/07/2022 Market makers - pdf Market makers and authorised primary dealers who are using the exemption under the SSR- PDF Reference PDF
443.4 KB
05/07/2022 ESMA34-46-101 Register of authorised European long-term investment funds (ELTIFs) Reference XLSX
57.87 KB
04/07/2022 ESMA91-372-2239 4th ESMA CCP Stress Test FAQ , Reference PDF
352.51 KB
01/07/2022 ESMA70-155-11016 List of designated authorities, payment systems and securities settlement systems Reference XLSX
76.24 KB
29/06/2022 ESMA34-45-1576 Cross-border distribution of investment funds Reference PDF
991.03 KB
23/06/2022 ESMA34-32-418 AIFMD MoUs signed by the EU authorities , Reference XLSX
49.99 KB
01/06/2022 ESMA50-164-770 Links to national websites where net short positions in shares are disclosed Reference PDF
97.14 KB
31/05/2022 ESMA34-45-1427 Supervisory briefing- Sustainability risks and disclosures in the area of investment management , Reference PDF
312.39 KB
23/05/2022 ESMA50-165-2146 The drivers of the costs and performance of ESG funds , Reference PDF
532.34 KB
20/05/2022 ESMA65-8-6560 Technical Reporting Instructions- CSDR Article 9- Internalised Settlement Reporting Reference PDF
1.75 MB
20/05/2022 ESMA65-8-7109 Technical Reporting Instructions CSDR Article 7 – Settlement Fails Reporting Reference PDF
1018.94 KB
18/05/2022 ESMA50-165-2096 Leverage and derivatives – the case of Archegos , Reference PDF
264.1 KB

Pages