ESMA LIBRARY

The ESMA Library contains all ESMA documents. Please use the search and filter options to find specific documents.
194
DOCUMENTS

REFINE YOUR SEARCH

Sections

Type of document

Your filters
European Single Electronic Format X Management Board X Short Selling X Sustainable finance X Post Trading X Technical Standards X SMSG Advice X Annual Report X Reference X
Reset all filters

Pages

Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
15/10/2021 ESMA70-708036281-176 Public Register for the Clearing Obligation under EMIR Reference PDF
685.04 KB
24/09/2021 ESMA50-164-772 Links to the national websites explaining the procedures for notifications of net short positions Reference PDF
158.57 KB
24/09/2021 Market makers - XLS Market makers and authorised primary dealers who are using the exemption under the SSR- XLS Reference XLSX
39.23 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
15/09/2021 ETCM Third-country markets considered as equivalent to a regulated market under EMIR Reference PDF
64.92 KB
01/09/2021 ESMA70-151-2767 List of designated authorities, payment systems and securities settlement systems Reference XLSX
74.92 KB
30/08/2021 ESMA70-155-11635 CSD Register Reference PDF
1.14 MB
20/08/2021 ESMA70-152-348 List of third-country CCPs recognised to offer services and activities in the Union Reference PDF
411.13 KB
11/08/2021 Market makers - pdf Market makers and authorised primary dealers who are using the exemption under the SSR- PDF Reference PDF
484.04 KB
04/08/2021 Net short thresholds Net short position notification thresholds for sovereign issuers Reference XLSX
26.08 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.

26/07/2021 C(2021) 4858 final Commission decision on Q&As to ESAs , Reference PDF
290.06 KB
19/07/2021 ESMA32-60-254 ESEF Reporting Manual track changes Reference PDF
627.83 KB
09/07/2021 ESMA70-156-4704_ Response Form_CP_RFRS Reference DOCX
750.35 KB
16/06/2021 ESMA20-95-1381 2020 Annual Report , , , Annual Report PDF
4 MB
14/06/2021 ESMA30-379-602 Terms of Reference CNS Reference PDF
129.91 KB
07/06/2021 ESMA91-372-1367 Framework for the 2021 CCP ST exercise , , Reference PDF
524.2 KB
17/05/2021 ESMA22-106-3375 SMSG advice to the ESA’s Joint Consultation Paper on Taxonomy-related sustainability disclosures , SMSG Advice PDF
227.92 KB
28/04/2021 ESMA34-45-1248 Public hearing on CP on taxonomy-related product disclosures April 2021- Agenda , Reference PDF
121.71 KB
13/04/2021 ESMA70-145-1398 IT_templates , Reference XLSX
168.41 KB
13/04/2021 ESMA70-145-1395 DATA_templates TRs , Reference XLSX
53.23 KB

Pages