What is the EMIR Revised RTS?

October 12, 2017

The level 3 Regulatory Technical Standards (“RTS”) and Implementing Technical Standards (“ITS”) were a revision of the existing applicable standards.   They entered into force on 10 February 2017 and apply from 1 November 2017.  However, due to the requisite system changes required at TR level, TR acceptance of the revised EMIR reporting standards commenced on the weekend of 28/29 October 2017.