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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
18/01/2021 JC 2020 85 Annex to draft ITS on IGT and RC reporting templates for conglomerates Joint Committee Reference PDF
1.23 MB
18/01/2021 JC 2021 01 ESAs JC Letter to EU Commission on ITS FICOD reporting templates Joint Committee Letter PDF
105.8 KB
18/01/2021 JC 2020 84 Final draft report on draft ITS on IGT and RC reporting templates for conglomerates Joint Committee Final Report PDF
1.82 MB
15/01/2021 ESMA50-164-772 Links to the national websites explaining the procedures for notifications of net short positions Short Selling Reference PDF
166.56 KB
14/01/2021 JC 2021 02 Letter to EU Commission on priority issues relating to SFDR application Joint Committee, Sustainable finance Letter PDF
210.03 KB
12/01/2021 ESMA WP-2021-02 ESMA working paper on equity funds and derivatives Fund Management, Innovation and Products Reference PDF
673.7 KB
11/01/2021 ESMA WP-2021-01 ESMA working paper on funds and single-name CDS: Hedging or Trading? Innovation and Products Reference PDF
591.74 KB
04/01/2021 ESMA50-164-770 Links to national websites where net short positions in shares are disclosed Short Selling Reference PDF
96.07 KB
04/01/2021 SSR sanctions Administrative measures and sanctions applicable in Member States to infringements of the Short Selling Regulation (SSR) Short Selling Reference PDF
371.24 KB
21/12/2020 Market makers - XLS Market makers and authorised primary dealers who are using the exemption under the SSR- XLS Short Selling Reference XLSX
40.79 KB
21/12/2020 Market makers - pdf Market makers and authorised primary dealers who are using the exemption under the SSR- PDF Short Selling Reference PDF
456.01 KB
18/12/2020 ESMA32-61-445 ESMA32-61-445 ESMA's CL to EFRAG on IASB DP Goodwill and Impairment Corporate Disclosure, IAS Regulation Letter PDF
227.89 KB
18/12/2020 ESMA32-61-413 ESMA32-61-413 ESMA's CL to IASB DP Goodwill and Impairment Corporate Disclosure, IAS Regulation Letter PDF
226.02 KB
18/12/2020 ESMA50-157-2403 Final report on Guidelines on outsourcing to cloud service providers Innovation and Products Final Report PDF
384.63 KB
17/12/2020 106/20/COL ESA Third Renewal Decision under Art. 28(1) SSR COVID-19, Market Integrity, Short Selling Decision PDF
973.25 KB
17/12/2020 ESMA70 -155-11608 Decision renewal art. 28 SSR reporting threshold- December 2020 COVID-19, Market Integrity, Short Selling Decision PDF
246.27 KB
14/12/2020 ESMA50-157-2413 Call for expressions of interest: Consultative Working Group for ESMA’s Financial Innovation Standing Committee Innovation and Products Reference PDF
186.13 KB
08/12/2020 ESMA32-67-765 Speech Steven Maijoor- The three paradoxes of sustainability reporting and how to address them IFRS Supervisory Convergence, Speeches, Sustainable finance, Transparency Speech PDF
123.06 KB
07/12/2020 JC 2020 86 ESAs highlight the change in the status of Simple, Transparent and Standardised (STS) securitisation transactions at the end of the UK transition period Brexit, Joint Committee Statement PDF
82.01 KB
18/11/2020 Net short thresholds Net short position notification thresholds for sovereign issuers Short Selling Reference XLSX
27.27 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.

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