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|Date||Ref.||Title||Section||Type||Download||Info||Summary||Related Documents||Translated versions|
|12/09/2015||SSR sanctions||Administrative measures and sanctions applicable in Member States to infringements of the Short Selling Regulation (SSR)||Short Selling||Reference||PDF
|02/07/2020||Overview recruitments||Overview recruitments- Updated July 2020||Careers, Vacancies||Reference||PDF
|31/10/2018||Net short thresholds||Net short position notification thresholds for sovereign issuers||Short Selling||Reference||XLSX
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:
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.
|31/07/2020||Market makers - XLS||Market makers and authorised primary dealers who are using the exemption under the SSR- XLS||Short Selling||Reference||XLSX
|31/07/2020||Market makers - pdf||Market makers and authorised primary dealers who are using the exemption under the SSR- PDF||Short Selling||Reference||PDF
|31/05/2018||ESMA71-99-996||Towards benchmark stability and integrity||Benchmarks||Speech||PDF
|23/01/2017||ESMA71-844457584-329||ESMA Chair keynote address at PRIME Finance Conference||Benchmarks, Post Trading, Speeches||Speech||PDF
|29/10/2019||ESMA71-319-150||Conference on the adaptation of interest rate benchmarks to the new European regulation on benchmarks- Steven Maijoor ESMA Chair at CNMV Conference||Benchmarks, Speeches||Speech||PDF
|25/09/2019||ESMA71-319-141||Introductory remarks- Second roundtable on euro risk-free rates||Benchmarks||Speech||PDF
|22/07/2020||ESMA70-156-2187||Public Statement BMR transitional period- pending applications||Benchmarks||Reference||PDF
|17/04/2020||ESMA70-155-9524||ESMA BMR Equivalence MoU MAS||Benchmarks, International cooperation||Reference||PDF
|11/12/2019||ESMA70-154-1504||Briefing BMR Recognition application||Benchmarks||Reference||PDF
|22/02/2018||ESMA70-145-441||ECON scrutiny session Short Selling Regulation Verena Ross||Short Selling||Speech||PDF
|29/09/2017||ESMA70-145-253||Response form for the Consultation Paper on Guidelines for non-significant benchmarks||Benchmarks||Reference||DOCX
|29/07/2020||ESMA65-8-5240||FIRDS- Instructions on access and download of full and delta reference data files||ITMG, Market Integrity, MiFID - Secondary Markets, MiFID II: Transparency Calculations and DVC||Reference||PDF
|23/08/2018||ESMA50-164-772||Links to the national websites explaining the procedures for notifications of net short positions||Short Selling||Reference||PDF
|24/01/2019||ESMA50-164-770||Links to national websites where net short positions in shares are disclosed||Short Selling||Reference||PDF
|16/05/2019||ESMA34-45-712||Verena Ross- ICMA 2019 conference speech||Benchmarks, Brexit, MiFID II: Transparency Calculations and DVC, Speeches||Speech||PDF