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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
06/01/2022 ESMA65-8-5240 FIRDS Instructions on how to download transparency results files v1.4 – Updated 06/01/2022 Reference PDF
795.6 KB
04/01/2022 JC 2021 58 Mandate of the European Supervisory Authorities’ Joint Committee Securitisation Committee (JCSC) , Reference PDF
73.63 KB
04/01/2022 ESMA70-156-4957 Call for evidence- DLT Pilot Regime- response form , Reference DOCX
777.34 KB
04/01/2022 ESMA70-156-4957 Call for evidence- DLT Pilot Regime and review of MiFIR RTS on transparency and reporting , Reference PDF
570.54 KB
22/12/2021 Market makers - XLS Market makers and authorised primary dealers who are using the exemption under the SSR- XLS Reference XLSX
45.08 KB
22/12/2021 Market makers - pdf Market makers and authorised primary dealers who are using the exemption under the SSR- PDF Reference PDF
447.96 KB
17/12/2021 JC 2021 19 Joint Committee Q&As relating to the Securitisation Regulation Q&A PDF
337.6 KB
16/12/2021 ESMA70-156-4474 Annual Report 2021 Waivers and Deferrals Annual Report PDF
1.89 MB
14/12/2021 ESMA32-380-143 National thresholds for shareholder identification under the revised SRD , Reference PDF
130.51 KB
23/11/2021 ESMA70-156-4754 Compliance table on Guidelines on MiFID II/MiFIR obligations on market data , Compliance table PDF
166.17 KB
19/11/2021 ESMA33-128-563 Questions and answers on the Securitisation Regulation Q&A PDF
1.39 MB
19/11/2021 ESMA70-145-114 Q&A on the Benchmarks Regulation (BMR) , Q&A PDF
548.59 KB
08/11/2021 Net short thresholds Net short position notification thresholds for sovereign issuers Reference XLSX
27.43 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.

29/10/2021 ESMA81-459-11 Minutes of the euro risk-free rates WG meeting 29/09/2021 Reference PDF
219.45 KB
01/10/2021 ESMA70-156-3921 Public Register for the Trading Obligation for derivatives under MiFIR Reference PDF
172.07 KB
30/09/2021 ESMA70-872942901-35 Q&A on MiFID II and MiFIR transparency topics Q&A PDF
978.13 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 ESMA70-156-3914 Response form- Consultation Paper on the review of certain aspects of the SSR Reference DOCX
751.38 KB
08/09/2021 ESMA33-128-760 Securitisations designated as STS as from 01/01/2019 Regulation 2402/2017 Reference XLSX
119.78 KB
18/08/2021 ESMA81-391-72 Minutes of the euro risk-free rates WG Meeting 01/07/2021 Reference PDF
148.4 KB

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