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|Date||Ref.||Title||Section||Type||Download||Info||Summary||Related Documents||Translated versions|
|19/06/2020||Market makers - XLS||Market makers and authorised primary dealers who are using the exemption under the SSR- XLS||Short Selling||Reference||XLSX
|19/06/2020||Market makers - pdf||Market makers and authorised primary dealers who are using the exemption under the SSR- PDF||Short Selling||Reference||PDF
|27/03/2020||ESMA31-69-261||Call for expression of interest CFSC CWG 2020||Corporate Finance||Reference||PDF
|27/03/2020||ESMA31-69-263||Application form CSFC CWG||Corporate Finance||Reference||DOCX
|06/01/2020||ESMA74-362-388||LEI statement SFTR||Securities Financing Transactions||Reference||PDF
|02/12/2019||esma31-62-1193||List of prospectus thresholds||Corporate Disclosure, Corporate Finance, Prospectus||Reference||PDF
|27/05/2019||ESMA70-151-1019||Consolidated SFTR_Validation_Rules||Securities Financing Transactions||Reference||XLSX
|27/05/2019||ESMA70-151-2371||Response form to consultation on Guidelines for reporting under Articles 4 and 12 SFTR||Securities Financing Transactions||Reference||DOCX
|27/05/2019||ESMA70-151-1985||Consultation paper on Guidelines for reporting under Articles 4 and 12 SFTR||Securities Financing Transactions||Consultation Paper||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
|11/04/2019||ESMA31-62-780||Q&A on Prospectus Related Topics||Brexit, Corporate Disclosure, Corporate Finance, Corporate Governance, Corporate Information, Prospectus, Supervisory convergence||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
|13/07/2018||ESMA31-62-996||Consultation Paper on Guidelines on Risk Factors||Corporate Finance||Consultation Paper||PDF
|13/07/2018||ESMA31-62-962||Consultation Paper on minimum information content for prospectus exemption||Corporate Finance||Consultation Paper||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
|27/03/2018||ESMA33-128-212 reply form||Reply form- Consultation Paper TA Fees Securitisation Repositories||Securities Financing Transactions||Reference||DOCX
|27/03/2018||ESMA33-128-109 reply form||Reply form- Consultation Paper Securitisation Repositories Application||Securities Financing Transactions||Reference||DOCX
|04/12/2017||ESMA31-69-163 FORM||Application form for CFSC CWG||Corporate Disclosure, Corporate Finance||Reference||DOCX