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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
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
09/09/2021 ESACD 2021 Programme for the joint ESA Consumer Day 2021 , , Reference PDF
159.68 KB
07/09/2021 ESMA34-46-101 Register of authorised European long-term investment funds (ELTIFs) Reference XLSX
59.65 KB
03/09/2021 ESMA34-32-418 AIFMD MoUs signed by the EU authorities , Reference XLSX
50.24 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.

02/08/2021 CFA IPI 27/07/2021 Call for advice to the European Securities and Markets Authority (ESMA) regarding certain aspects relating to retail investor protection Reference PDF
178.79 KB
02/08/2021 CFA PRIIPS 27/07/2021 Call for advice to the Joint Committee of the European Supervisory Authorities regarding the PRIIPs Regulation , Reference PDF
258.73 KB
15/07/2021 ESMA70-156-4731 Response form for the Consultation Paper on MAR Guidelines Reference DOCX
753.44 KB
02/07/2021 ESMA35-36-2319 Annex I Joint ESMA and EBA GL on the assessment of suitability of members of the management body Reference XLSX
70.83 KB
31/05/2021 2021/Q2 IFR list Further instruments and funds qualifying as own funds for investment firms , Reference XLSX
26.97 KB
13/04/2021 ESMA34-49-309 response form Response form to CP on MMFR review Reference DOCX
773.2 KB
29/03/2021 ESMA50-164-770 Links to national websites where net short positions in shares are disclosed Reference PDF
117.25 KB
15/02/2021 ESMA34-47-369 Call for expression of interest IMSC CWG 2021 Reference PDF
155.71 KB
01/02/2021 ESMA50-164-4105 Alternative Investment Funds (AIFs) exposures to commercial real estate- 2019 , Reference PDF
109.68 KB
12/01/2021 ESMA WP-2021-02 ESMA working paper on equity funds and derivatives , Reference PDF
673.7 KB
08/01/2021 ESMA35-43-1410 Contact points of national supervisory authorities for communication in the MiFID II framework on supervisory cooperation, authorisation, acquisitions and passporting Reference PDF
256.69 KB
04/01/2021 ESMA70-145-1020 List of national competent authorities that have increased the thresholds for the notification of transactions of persons discharging managerial responsibilities and closely associated persons Reference PDF
211.7 KB

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