ESMA LIBRARY

The ESMA Library contains all ESMA documents. Please use the search and filter options to find specific documents.
831
DOCUMENTS

REFINE YOUR SEARCH

Sections

Type of document

Your filters
Securitisation X Warnings and publications for investors X Management Board X Joint Committee X Trading X Short Selling X
Reset all filters

Pages

Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
01/12/2022 ESMA24-436-1489 Chair Opening Statement ECON, 1 December 2022- Energy derivative markets , , , , , Speech PDF
156.14 KB
18/11/2022 JC 2022 42 Final Report on SFDR amendments for nuclear and gas activities , Report DOCX
2.17 MB
17/11/2022 JC 2022 62 Q&A on the SFDR Delegated Regulation , Q&A PDF
598.99 KB
15/11/2022 Joint Committee ESAs Call for evidence on Greenwashing , Consultation Paper PDF
566.51 KB
15/11/2022 ESMA50-164-6833 EFIF Summary of the October 2022 meeting Summary of Conclusions PDF
134.63 KB
14/11/2022 JC 2022 64 Joint Committee Letter to European Commission on the delay in SFDR mandate , Letter PDF
211.13 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.

03/11/2022 ESMA22-106-4185 Summary of Conclusions Management Board- 20 September 2022 Summary of Conclusions PDF
102.71 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
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 JC 2022 60 ESAs Chair Statement- 2022 ECON Annual Hearing, 24 October 2022 Statement PDF
185.88 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
30/09/2022 JC 2022 28 Joint Committee Work Programme 2023 Reference PDF
198.75 KB
30/09/2022 JC 2022 42 Final Report on SFDR amendments for nuclear and gas activities , Final Report PDF
1.07 MB
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
12/09/2022 JC 2022 40 Joint ESA report on Risks and Vulnerabilities in the EU financial system No 2 2022 , Report PDF
570.49 KB
28/07/2022 C 2022 1931 SFDR Templates , Reference ZIP
1.44 MB

Pages