ESMA LIBRARY

The ESMA Library contains all ESMA documents. Please use the search and filter options to find specific documents.
36
DOCUMENTS

REFINE YOUR SEARCH

Sections

Type of document

Your filters
Audit X Securitisation X Short Selling X Reference X
Reset all filters
Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
19/10/2012 2012/680 Links to national websites for the purpose of the notification of net short positions Reference PDF
84.12 KB
10/12/2012 ESMA SSR Review mandate Formal request to ESMA for technical advice on the evalutation of the short selling regulation Reference PDF
34.44 KB
12/09/2015 SSR sanctions Administrative measures and sanctions applicable in Member States to infringements of the Short Selling Regulation (SSR) Reference PDF
633.27 KB
01/02/2016 2016/200 MiFID registers- information about web service , Reference PDF
311.04 KB

This document sets out the web service for the following registers:

Shares admitted to trading on regulation markets

Exempted shares

Systematic internalisers

Regulated Markets

Multilateral trading facilities

Central counterparties

04/04/2016 2016/218 ToR Audit Working Group Reference PDF
113.35 KB
19/12/2017 ESMA33-128-107 response form Response form- Consultation Paper on disclosure and operational standards Reference DOCX
771.94 KB
19/12/2017 ESMA33-128-33 response form Response form- Consultation Paper STS notification Reference DOCX
766.04 KB
19/12/2017 ESMA33-128-108 response form Response form- Consultation Paper Third-Party Firm STS Verification Application Reference DOCX
766.9 KB
22/02/2018 ESMA-180219 ESMA’s consultation papers on draft regulatory standards under the securitisation regulation Reference PDF
276.43 KB
13/04/2018 ESMA33-128-481 ESMA_public_hearing_slides_repositories Reference PPTX
2.32 MB
23/05/2018 JC 2018 14 reply form Reply form- Consultation Paper Securitisation/Emir clearing obligation , Reference DOCX
764.86 KB
23/08/2018 ESMA50-164-772 Links to the national websites explaining the procedures for notifications of net short positions Reference PDF
227 KB
31/10/2018 Net short thresholds Net short position notification thresholds for sovereign issuers Reference XLSX
27.23 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.

10/12/2018 ESMA33-128-585 STS Reporting Instructions Reference PDF
456.26 KB
24/01/2019 ESMA50-164-770 Links to national websites where net short positions in shares are disclosed Reference PDF
80.26 KB
01/02/2019 ESMA33-128-474 Annex 2 Securitisation ANNEX2_UNDERLYING_EXPOSURES–RESIDENTIAL_REAL_ESTATE Reference XLSX
27.04 KB
01/02/2019 ESMA33-128-474 Annex 3 Securitisation ANNEX3_UNDERLYING_EXPOSURES–COMMERCIAL_REAL_ESTATE Reference XLSX
42.68 KB
01/02/2019 ESMA33-128-474 Annex 4 Securitisation ANNEX4_UNDERLYING_EXPOSURES–CORPORATE Reference XLSX
27.82 KB
01/02/2019 ESMA33-128-474 Annex 5 Securitisation ANNEX5_UNDERLYING_EXPOSURES–AUTOMOBILE Reference XLSX
22.61 KB
01/02/2019 ESMA33-128-474 Annex 6 Securitisation ANNEX6_UNDERLYING_EXPOSURES–CONSUMER Reference XLSX
21.21 KB