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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
20/07/2022 SSR sanctions Administrative measures and sanctions applicable in Member States to infringements of the Short Selling Regulation (SSR) Short Selling Reference PDF
372.65 KB
02/07/2020 SG34-45-937 slides Public hearing on ESG disclosures CP 2 July 2020- Slides Joint Committee, Sustainable finance Reference PDF
297.72 KB
30/06/2020 SG34-45-937 Public hearing on ESG disclosures CP 2 July 2020- Agenda Joint Committee, Sustainable finance Reference PDF
122.98 KB
04/08/2022 Net short thresholds Net short position notification thresholds for sovereign issuers Short Selling Reference XLSX
26.41 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.
08/07/2022 Market makers - XLS Market makers and authorised primary dealers who are using the exemption under the SSR- XLS Short Selling 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 Short Selling Reference PDF
443.4 KB
25/08/2021 Joint Committee Press release on ESAs publish final draft technical standards amending margin requirements for non-centrally cleared OTC derivatives Joint Committee Reference PDF
56.3 KB
25/08/2021 Joint Committee PSD Supervisory cooperation protocol Joint Committee Reference PDF
633.96 KB
25/08/2021 Joint Committee Statement on variation margin exchange under the EMIR RTS on OTC derivatives Joint Committee Reference PDF
191 KB
25/08/2021 Joint Committee JC RTS 2013 Draft RTS on consistent application of article 6(2) of the Financial Conglomerates Directive Joint Committee Reference PDF
1.17 MB
25/08/2021 Joint Committee JC 2013 Joint Position of the European Supervisory Authorities on Manufacturers’ Product Oversight & Governance Processes Joint Committee Reference PDF
210.59 KB
25/08/2021 Joint Committee JC 2014 Self placement- reminder to credit institutions and insurance undertakings about applicable regulatory requirements Joint Committee Reference PDF
387.7 KB
25/08/2021 Joint Committee JC 2014 Draft RTS on risk concentration and intra-group transactions Joint Committee Reference PDF
402.79 KB
25/08/2021 Joint Committee JC 2017 PRIIPs – Flow diagram for the risk and reward calculations in the PRIIPs KID Joint Committee Reference PDF
1.24 MB
25/08/2021 Joint Committee JC 2017 Qualifying holdings Guidelines Compliance Table Joint Committee Reference PDF
602.94 KB
25/08/2021 Joint Committee JC 2017 Joint Draft RTS on margin requirements for non-centrally cleared OTC derivatives Joint Committee Reference PDF
223.93 KB
25/08/2021 Joint Committee ESAs 2016 RTS on risk mitigation legiswrite Joint Committee Reference ZIP
1.29 MB
25/08/2021 Joint Committee JC 2018 Big Data Factsheet Joint Committee Reference PDF
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25/08/2021 Joint Committee JC 2018 Report on automation in financial advice Joint Committee Reference PDF
600.58 KB
25/08/2021 Joint Committee JC 2018 Joint Report on Regulatory Sandboxes and Innovation Hubs Joint Committee Reference PDF
478.79 KB

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