Legislation Regulations 05/07/2012 Commission delegated regulation (EU) No 919/2012 of 5 July 2012 supplementing Regulation (EU) No 236/2012 of the European Parliament and of the Council on short selling and certain aspects of credit default swaps with regard to regulatory technical standards for the method of calculation of the fall in value for liquid shares and other financial instruments(pdf - 709.82 KB) Files 05-07-2012_regulation919.pdf (pdf - 709.82 KB) 05/07/2012 Commission delegated regulation (EU) No 918/2012 of 5 July 2012 supplementing Regulation (EU) No 236/2012 of the European Parliament and of the Council on short selling and certain aspects of credit default swaps with regard to definitions, the calculation of net short positions, covered sovereign credit default swaps, notification thresholds, liquidity thresholds for suspending restrictions, significant falls in the value of financial instruments and adverse events(pdf - 802.12 KB) Files 05-07-2012_regulation918.pdf (pdf - 802.12 KB) 29/06/2012 Commission delegated regulation (EU) No 826/2012 of 29 June 2012 supplementing Regulation (EU) No 236/2012 of the European Parliament and of the Council with regard to regulatory technical standards on notification and disclosure requirements with regard to net short positions, the details of the information to be provided to the European Securities and Markets Authority in relation to net short positions and the method for calculating turnover to determine exempted shares(pdf - 766.24 KB) Files 29-06-2012_regulation826.pdf (pdf - 766.24 KB) 29/06/2012 Commission implementing regulation (EU) No 827/2012 of 29 June 2012 laying down implementing technical standards with regard to the means for public disclosure of net position in shares, the format of the information to be provided to the European Securities and Markets Authority in relation to net short positions, the types of agreements, arrangements and measures to adequately ensure that shares or sovereign debt instruments are available for settlement and the dates and period for the determination of the principal venue for a share according to Regulation (EU) No 236/2012 of the European Parliament and of the Council on short selling and certain aspects of credit default swaps(pdf - 757.37 KB) Files 29-06-2012_regulation827.pdf (pdf - 757.37 KB) 14/03/2012 Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swaps(pdf - 973.65 KB) Files 14-03-2012_regulation.pdf (pdf - 973.65 KB) Circulars, communications and handbook Circulars 28/05/2013 FSMA_2013_10 Practical implementation of the European Short Selling Regulation - ESMA Guidelines on the exemption of market making activities and primary market operations under Regulation (EU) 236/2012 of the European Parliament and of the Council on short selling and certain aspects of credit default swaps(pdf - 25.84 KB) Files fsma_2013_10.pdf (pdf - 25.84 KB) Attachment(s) ESMA guidelines, dated 2/04/2013 ESMA/2013/74 - Exemption for market making activities and primary market operations under Regulation (EU) 236/2012 of the European Parliament and of the Council on short selling and certain aspects of Credit Default Swaps (pdf - 715.25 KB) (update 21/12/2023) Disclosure net short positions Former positions Links Former positions Current positions Links Current positions Online notification of net short positions Online notification of net short positions Links Online notification of net short positions Questions and answers (FAQ) ESMA Questions and Answers on the Regulation on short selling and certain aspects of credit default swaps (SSR)(pdf - 536.17 KB) Files esma_shortselling.pdf (pdf - 536.17 KB)