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  1. 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 (Text with EEA relevance)
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Version status: Applicable | Document consolidation status: Updated to reflect all known changes
Published date: 9 October 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 (Text with EEA relevance)

Consolidation Status: Updated to reflect all known changes
Comparing proposed amendment...
Recitals
Chapter I General (arts. 1-2)
Applicable
 Article 1 Subject matter
Applicable
 Article 2 Definitions
Chapter II Supplementary specification of definitions pursuant to Article 2(2) and Article 3(7)(a) (arts. 3-4)
Applicable
 Article 3 Specification of the term 'ownership' and defining a short sale
Applicable
 Article 4 Holding
Chapter III Net short positions pursuant to Article 3(7)(b)(arts. 5-11)
Applicable
 Article 5 Net short positions in shares - long positions
Applicable
 Article 6 Net short positions in shares - short positions
Applicable
 Article 7 Net short positions in shares - general
Applicable
 Article 8 Net short position in sovereign debt - long positions
Applicable
 Article 9 Net short positions in sovereign debt - short positions
Applicable
 Article 10 Method of calculation of net short positions in relation to shares
Applicable
 Article 11 Calculation of net short positions for sovereign debt
Chapter IV Net short positions in funds or groups pursuant to Article 3(7)(c)(arts. 12-13)
Applicable
 Article 12 Method of calculating positions for management activities related to several funds or managed portfolios
Amended
 Article 13 Method of calculating positions for legal entities within a group that have long or short positions in relation to a particular issuer
Chapter V Covered sovereign credit default swaps pursuant to Article 4(2)(arts. 14-20)
Applicable
 Article 14 Cases which are not uncovered sovereign credit default swap positions
Applicable
 Article 15 Cases which are not uncovered sovereign credit default swap positions where the obligor is established or the asset or liability is located in more than one Member State
Applicable
 Article 16 Justification of uncovered sovereign credit default swap positions
Applicable
 Article 17 Hedged assets and liabilities
Applicable
 Article 18 Correlation tests
Applicable
 Article 19 Proportionality
Applicable
 Article 20 Method of calculation of an uncovered sovereign credit default swap position
Chapter VI Notification thresholds for net short positions in sovereign debt pursuant to Article 7(3)(art. 21)
Applicable
 Article 21 Notification thresholds for net short positions relating to the issued sovereign debt
Chapter VII Parameters and methods for calculating liquidity threshold for suspending restrictions on short sales of sovereign debt pursuant to Article 13(4)(art. 22)
Applicable
 Article 22 Methods for calculating and determining the threshold of liquidity for suspending restrictions on short sales in sovereign debt
Chapter VIII Significant fall in value for financial instruments other than liquid shares pursuant to Article 23(art. 23)
Applicable
 Article 23 Significant fall in value for financial instruments other than liquid shares
Chapter IX Adverse events or developments pursuant to Article 30(arts. 24-25)
Applicable
 Article 24 Criteria and factors to be taken into account in determining when adverse events or developments and threats arise
Applicable
 Article 25 Entry into force
Annex I
Applicable
 Annex I, Part 1
Applicable
 Annex I, Part 2
Annex II
Applicable
 Annex II, Part 1
Applicable
 Annex II, Part 2
Done at
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