Databases and Registers

Hyperlinks to national databases (Officially Appointed Mechanisms, or “OAMs”) containing regulated information disclosed by issuers having shares admitted for trading on regulated markets

The Omnibus Directive requires ESMA to publish on its website references or hyperlinks to the public registers of tied agents established by the Member States which decide to allow investment firms to appoint tied agents.

The list below contains the hyperlinks to the webpages of the EU countries and their national competent authorities giving access to the national registers of tied agents.

Investors should note that for some competent authorities the information is only available in the national language.

^[1] The register is kept by OCF which is a legal person and is organised in the form of an association, with organisational and statutory autonomy; the OCF is supervised by CONSOB (see art. 31, paragraph 4, of Legislative Decree No. 58/1998).

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.

• Net short position notification thresholds for sovereign issuers (1 August 2024)

The Omnibus Directive requires ESMA to establish a list all authorisations granted to UCITS management companies in the European Union.

The Registries database centralises all the relevant information in this regard received from the national competent authorities, and contains information on the services or activities for which the UCITS management company is authorised.  The database is updated on a regular basis.

Any national data not available in this consolidated registry, can be accessed via the links below to the national registers of authorised UCITS managment companies. ESMA draws users' attention to the fact that some hyperlinks do not give direct access to the list of UCITS management companies authorised. Also, investors should note that for some competent authorities the information is only available in the national language.