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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
16/08/2022 Market makers - XLS Market makers and authorised primary dealers who are using the exemption under the SSR- XLS Reference XLSX
40.1 KB
16/08/2022 Market makers - pdf Market makers and authorised primary dealers who are using the exemption under the SSR- PDF Reference PDF
481.8 KB
04/08/2022 Net short thresholds Net short position notification thresholds for sovereign issuers 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.

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
18/07/2022 ESMA81-459-65 Working Group on Euro Risk-Free Rates- 17 June Meeting Minutes Reference PDF
3.32 MB
13/07/2022 ESMA65-8-9949 FIRDS User Guide v5.1 Reference PDF
2.06 MB
11/07/2022 ESMA70-460-117 Response Form- Consultation Paper on guidelines on standard forms, formats and templates to apply for permission to operate a DLT market infrastructure , Reference DOCX
752.81 KB
08/07/2022 JC 2022 32 Mandate of the European Supervisory Authorities’ Joint Committee Sub-Committee on Digital Operational Resilience , Reference PDF
586.3 KB
08/07/2022 ESMA81-393-513 Response form- RTS on recognition under the Benchmarks Regulation Reference DOCX
755.16 KB
02/06/2022 ESMA70-155-3832 List of trading venues benefiting from a transitional exemption from the access provisions under Article 36(5) of MiFIR Reference PDF
92.55 KB
01/06/2022 ESMA50-164-770 Links to national websites where net short positions in shares are disclosed Reference PDF
97.14 KB
12/05/2022 ESMA WP-2022-02 ESMA working paper on Financial stability risks from cloud outsourcing Reference PDF
746.79 KB
19/04/2022 ESMA65-8-9568 FIRDS Reference Data Functional Specifications v2.10 Reference PDF
2.88 MB
19/04/2022 ESMA 65-8-9654 FIRDS Reference Data XML Schema v1.2.1 Reference ZIP
45.67 KB
08/04/2022 ESMA81-459-57 Working group on euro risk-free rates- 2 March 2022 minutes Reference PDF
969.61 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
28/03/2022 ESMA 50-165-2078 Fund performance during market stress – The Corona experience , Reference PDF
387.61 KB
17/03/2022 ESA 2022 15 EU financial regulators warn consumers on the risks of crypto-assets , , , Investor Warning PDF
118.67 KB
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02/03/2022 ESMA81-459-50 Working Group on Euro Risk-Free Rates – Work Programme for 2022/23 Reference PDF
186.08 KB
10/02/2022 ESMA 80-195-1352 Text mining ESG disclosures in rating agency press releases , , Reference PDF
403.58 KB

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