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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
25/11/2022 ESMA70-145-111 Q&A on the Market Abuse Regulation , Q&A PDF
549.17 KB

The purpose of this document is to promote common supervisory approaches and practices in the application of MAR and its implementing measures. It does this by providing responses to questions posed by the general public and competent authorities in relation to the practical application of the MAR framework

The content of this document is aimed at competent authorities to ensure that in their supervisory activities and their actions are converging along the lines of the responses adopted by ESMA and at helping issuers, investors and other market participants by providing clarity on the content of the market abuse rules, rather than creating an extra layer of requirements.

17/11/2022 JC 2022 62 Q&A on the SFDR Delegated Regulation , Q&A PDF
598.99 KB
14/11/2022 Joint Committee JC 2017 Q&A on the PRIIPs Key Information Document Q&A PDF
925.12 KB
04/11/2022 Net short thresholds Net short position notification thresholds for sovereign issuers Reference XLSX
26.52 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.

31/10/2022 ESMA50-164-772 Links to the national websites explaining the procedures for notifications of net short positions Reference PDF
159.53 KB
24/10/2022 JC 2022 61 Annex to ESAs Chair Statement- 2022 ECON Annual Hearing, 24 October 2022 Reference PDF
211.93 KB
24/10/2022 ESMA24-436-1150 Annex to the Opening Statement- 2022 ECON Annual Hearing, 24 October 2022 , , , , , , , Reference PDF
701.79 KB
21/10/2022 Market makers - XLS Market makers and authorised primary dealers who are using the exemption under the SSR- XLS Reference XLSX
41.18 KB
21/10/2022 Market makers - pdf Market makers and authorised primary dealers who are using the exemption under the SSR- PDF Reference PDF
461.14 KB
18/10/2022 ESMA71-99-2040 ACER and ESMA enhance cooperation to strengthen oversight of energy and energy derivative markets , , , , , Reference PDF
203.77 KB
11/10/2022 ESMA91-372-2391 CCP Strategic Objectives 2023-2025 , Reference PDF
188.32 KB
10/10/2022 ESMA22-439-1076 ESMA Strategy 2023-2028 , Reference PDF
1.65 MB
30/09/2022 JC 2022 28 Joint Committee Work Programme 2023 Reference PDF
198.75 KB
16/09/2022 CPD22 Joint ESAs Consumer Protection Day- Programme , Reference PDF
234.44 KB
13/09/2022 JC 2022 47 List of SFDR queries requiring the interpretation of Union law , Q&A PDF
171.44 KB
01/09/2022 ESMA50-165-2230 ESMA report on trends, risks and vulnerabilities No 2 2022 – statistical annex Reference PDF
1.7 MB
29/07/2022 ESMA70-449-672 Call for Evidence on pre-hedging , Reference PDF
245.25 KB
29/07/2022 ESMA70-449-674 Response form call for evidence pre-hedging , Reference DOCX
752.93 KB
28/07/2022 C 2022 1931 SFDR Templates , Reference ZIP
1.44 MB
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

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