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Date Ref. Title Section Type Download Info Summary Related Documents Translated versions
25/02/2021 ESMA70-155-11890 Statement CumEx CumCum scandal- Fabrizio Planta Market Abuse, Market Integrity, Speeches, Trading Speech PDF
132.57 KB
23/02/2021 ESMA22-105-1307 Introductory statement on GameStop share trading- Steven Maijoor Market Integrity, MiFID - Investor Protection Statement PDF
96.93 KB
17/02/2021 ESMA70-155-11809 Episodes of very high volatility in trading of certain stocks Market Integrity, MiFID - Investor Protection Statement PDF
107.47 KB
16/02/2021 ESMA32-339-151 Letter IFRS IC TLTRO III Corporate Finance Letter PDF
436.9 KB
09/02/2021 ESMA70-1861941480-52 Q&A on EMIR implementation Post Trading, Trade Repositories Q&A PDF
1.37 MB
29/01/2021 ESMA32-61-438 ESMA response to EFRAG DEA IFRS 17 Corporate Finance, IFRS Supervisory Convergence Reference PDF
162.79 KB
15/01/2021 ESMA50-164-772 Links to the national websites explaining the procedures for notifications of net short positions Short Selling Reference PDF
166.56 KB
06/01/2021 ESMA32-339-149 Public Statement Targeted Longer-Term Refinancing Operations III Corporate Finance Statement PDF
115.66 KB
04/01/2021 ESMA50-164-770 Links to national websites where net short positions in shares are disclosed Short Selling Reference PDF
107.62 KB
04/01/2021 SSR sanctions Administrative measures and sanctions applicable in Member States to infringements of the Short Selling Regulation (SSR) Short Selling Reference PDF
371.24 KB
04/01/2021 ESMA71-99-1498 Brexit: ESMA withdraws the registrations of six UK-based credit rating agencies and four trade repositories Brexit, Credit Rating Agencies, Press Releases, Trade Repositories Press Release PDF
94.63 KB
21/12/2020 Market makers - XLS Market makers and authorised primary dealers who are using the exemption under the SSR- XLS Short Selling Reference XLSX
40.79 KB
21/12/2020 Market makers - pdf Market makers and authorised primary dealers who are using the exemption under the SSR- PDF Short Selling Reference PDF
456.01 KB
18/12/2020 ESMA80-192-10053 Public Statement_Registration_DTCC Data Repository (Ireland) PLC under EMIR and SFTR Securities Financing Transactions, Trade Repositories Statement PDF
76.58 KB
17/12/2020 106/20/COL ESA Third Renewal Decision under Art. 28(1) SSR COVID-19, Market Integrity, Short Selling Decision PDF
973.25 KB
17/12/2020 ESMA70 -155-11608 Decision renewal art. 28 SSR reporting threshold- December 2020 COVID-19, Market Integrity, Short Selling Decision PDF
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16/12/2020 ESA 2020 28 ESAs Letter to IFRS Foundation consultation sustainability reporting Corporate Finance Letter PDF
155.56 KB
16/12/2020 ESMA32-334-334 ESMA response to IFRS Foundation consultation on sustainability reporting Corporate Finance Reference PDF
181.18 KB
18/11/2020 Net short thresholds Net short position notification thresholds for sovereign issuers Short Selling Reference XLSX
25.54 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.
09/11/2020 ESMA74-362-881 Statement Brexit EMIR and SFTR data Brexit, Post Trading, Securities Financing Transactions Statement PDF
257.04 KB

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