ESMA LIBRARY

The ESMA Library contains all ESMA documents. Please use the search and filter options to find specific documents.
196
DOCUMENTS

REFINE YOUR SEARCH

Sections

Type of document

Your filters
Short Selling X Audit X MiFID II: Transparency Calculations and DVC X European Single Electronic Format X Benchmarks X MiFID - Investor Protection X Innovation and Products X Trade Repositories X Corporate Disclosure X Securities Financing Transactions X Q&A X Reference X
Reset all filters

Pages

Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
13/05/2022 Net short thresholds Net short position notification thresholds for sovereign issuers Reference XLSX
34.08 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.

12/05/2022 ESMA WP-2022-02 ESMA working paper on Financial stability risks from cloud outsourcing Reference PDF
746.79 KB
06/05/2022 ESMA35-42-1305 ESCPR- Miscellaneous reporting to ESMA , Reference PDF
367.89 KB
08/04/2022 ESMA81-459-57 Working group on euro risk-free rates- 2 March 2022 minutes Reference PDF
969.61 KB
01/04/2022 ESMA32-51-370 Q&A on ESMA Guidelines on Alternative Performance Measures , Q&A PDF
987.02 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
31/03/2022 ESMA42-111-6889 Follow-up to GLEFI Peer Review Report , Reference PDF
429.7 KB
28/03/2022 ESMA 50-165-2078 Fund performance during market stress – The Corona experience , Reference PDF
387.61 KB
24/03/2022 ESMA41-356-274 Public notice on REGIS TR, S.A. , Reference PDF
183.48 KB
11/03/2022 Market makers - XLS Market makers and authorised primary dealers who are using the exemption under the SSR- XLS Reference XLSX
40.61 KB
11/03/2022 Market makers - pdf Market makers and authorised primary dealers who are using the exemption under the SSR- PDF Reference PDF
448.67 KB
02/03/2022 ESMA81-459-50 Working Group on Euro Risk-Free Rates – Work Programme for 2022/23 Reference PDF
186.08 KB
28/02/2022 ESMA70-1861941480-52 Q&A on EMIR implementation , Q&A PDF
1.46 MB
15/02/2022 ESMA32-384-5357 Annex- Response to EC targeted consultation on the Listing Act , , Reference PDF
836.77 KB
14/02/2022 ESAFinEdu Highlights Joint ESAs financial education conference 2022- Highlights , Reference PDF
318.78 KB
10/02/2022 ESMA 80-195-1352 Text mining ESG disclosures in rating agency press releases , , Reference PDF
403.58 KB
02/02/2022 ESMA35-43-2900 Supervisory briefing in relation to firms using tied agents in the MiFID II framework Reference PDF
198.53 KB
31/01/2022 JC 2022 03 Joint ESAs thematic repository of national financial education initiatives on digitalisation , Reference PDF
4.99 MB

Joint ESAs thematic repository of national financial education initiatives on digitalisation - with a specific focus on cybersecurity, scams and fraud

31/01/2022 ESAs Financial Education event Joint ESAs high-level conference on financial education , Reference PDF
258.84 KB
28/01/2022 ESMA74-362-893 QAs on SFTR data reporting , , Q&A PDF
398.17 KB

Pages