ESMA_QA_1907
13/09/2012
Subject Matter
Umbrella structures and master feeder structures
Original question
what level is the net short position to be calculated in the case of umbrella structures and master feeder structures?
ESMA Answer
13-09-2012
Original language
[ESMA70-145-408 SSR Q&A, Q&A 6.2]
In the case of umbrella structures, the calculation of the net short position must take place at the level of the respective subfunds. In the case of master-feeder structures, it takes place at the level of the respective master fund.
Status: Answer Published
Additional Information
Level 1 Regulation
Short Selling Regulation (SSR) Regulation (EU) No 236/2012
Topic
Determination of net short position