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|Date||Ref.||Title||Section||Type||Download||Info||Summary||Related Documents||Translated versions|
|27/03/2020||Market makers - XLS||Market makers and authorised primary dealers who are using the exemption under the SSR- XLS||Short Selling||Reference||XLSX
|27/03/2020||Market makers - pdf||Market makers and authorised primary dealers who are using the exemption under the SSR- PDF||Short Selling||Reference||PDF
|26/03/2020||ESMA70-155-9546||ESMA Decision Article 28 SSR_reporting threshold||Market Integrity, Short Selling||Decision||PDF
|24/03/2020||ESMA70-155-9604||Opinion on FMA emergency measure under the SSR||COVID-19, Market Integrity, Short Selling||Opinion||PDF
|19/03/2020||ESMA70-155-9587||Opinion on HCMC emergency measure under the SSR||COVID-19, Market Integrity, Short Selling||Opinion||PDF
|19/03/2020||ESMA70-155-9590||Opinion on FSMA emergency measure under the SSR||COVID-19, Market Integrity, Short Selling||Opinion||PDF
|18/03/2020||ESMA70-155-9581||Opinion on AMF emergency measure under SSR||COVID-19, Market Integrity, Short Selling||Opinion||PDF
|17/03/2020||ESMA70-155-9565||Opinion on CONSOB emergency measure under SSR||COVID-19, Market Integrity, Short Selling||Opinion||PDF
|17/03/2020||ESMA70-155-9556||Opinion on CNMV emergency measure under SSR||COVID-19, Market Integrity, Short Selling||Opinion||PDF
|16/03/2020||ESMA71-99-1291||ESMA requires net short position holders to report positions of 0.1% and above||COVID-19, Market Integrity, Press Releases, Short Selling||Press Release||PDF
|16/03/2020||ESMA70-155-9546||ESMA decision on thresholds for reporting net short positions||COVID-19, Market Integrity, Short Selling||Decision||PDF
|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
|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
|01/06/2018||ESMA71-99-973||ESMA71-99-973 Press Release Product Intervention EUOJ publication||MiFID - Investor Protection, Press Releases, Warnings and publications for investors||Press Release||PDF
|01/06/2018||ESMA35-43-1135||Notice of ESMA's Product Intervention Decisions on CFDs and binary options||MiFID - Investor Protection, Warnings and publications for investors||Reference||PDF
|30/05/2018||ESMA71-99-987||PR on EBA-ESMA statement on retail holders of bail-inable instruments||MiFID - Investor Protection, Press Releases, Warnings and publications for investors||Press Release||PDF
|30/05/2018||ESMA71-99-991||Statement of the EBA and ESMA on the treatment of retail holdings of debt financial instruments subject to the Bank Recovery and Resolution Directive||MiFID - Investor Protection, Warnings and publications for investors||Statement||PDF