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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) Reference PDF
372.65 KB
28/09/2022 Overview recruitments Overview recruitments , Reference PDF
800.43 KB

Updated September 2022

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.

08/12/2022 Market makers - XLS Market makers and authorised primary dealers who are using the exemption under the SSR- XLS Reference XLSX
41.24 KB
08/12/2022 Market makers - pdf Market makers and authorised primary dealers who are using the exemption under the SSR- PDF Reference PDF
460.73 KB
17/12/2021 ESRB/2021/0104 Redacted ESRB response letter to ESMAs consultation , , Reference PDF
4.11 MB
07/06/2021 ESMA91-372-1367 Framework for the 2021 CCP ST exercise , , Reference PDF
524.2 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
24/09/2021 ESMA70-156-3914 Response form- Consultation Paper on the review of certain aspects of the SSR Reference DOCX
751.38 KB
22/02/2018 ESMA70-145-441 ECON scrutiny session Short Selling Regulation Verena Ross Speech PDF
197.03 KB
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) Q&A PDF
536.17 KB
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
01/06/2022 ESMA50-164-770 Links to national websites where net short positions in shares are disclosed Reference PDF
97.14 KB
15/02/2022 ESMA32-384-5357 Annex- Response to EC targeted consultation on the Listing Act , , Reference PDF
836.77 KB
28/01/2021 ESMA32-384-5080 Languages accepted for scrutiny of the Prospectus and translation requirements for Summaries Reference PDF
171.3 KB
14/12/2021 ESMA32-380-143 National thresholds for shareholder identification under the revised SRD , Reference PDF
130.51 KB
15/12/2017 ESMA31-62-802 reply form Response form- Consultation Paper on draft RTS under the new Prospectus Regulation Reference DOCX
772.18 KB
11/04/2019 ESMA31-62-780 Q&A on Prospectus Related Topics , , , , , , Q&A PDF
957.9 KB
06/07/2017 ESMA31-62-650 reply form Response form_Consultation Paper on scrutiny and approval Reference DOCX
768.87 KB
06/07/2017 ESMA31-62-649 reply form Response form_Consultation Paper on EU Growth prospectus Reference DOCX
771.83 KB