RTS 27 and 28 Reports: What is Their Current Status Under ESMA and FCA (UK)?
The value of RTS 27 and 28 reports have long been questioned by firms and market participants. Many investment firms have also deemed any meaningful data drawn from the reports as disproportionate to the difficulty and costs incurred to produce them. Following these concerns and the suspension of the obligation to publish RTS 27 reports […]
SFTR Reporting: Are you ready to make the transition away from UnaVista?
UnaVista announced the upcoming closure of its SFTR trade repository (TR) service for both its UK and EU clients. This means all firms utilising UnaVista for their SFTR reporting will need to onboard with an alternative TR by the closure date of 31 January 2022.
European daylight saving time is about to end, what do you need to do?
Daylight saving time (DST) is coming to an end for most European countries on 31 October 2021. You will need to ensure the time settings in your trade/transaction reporting are correct.
Are the tides starting to turn for CFD brokers? The FCA Cracks Down on Brokers’ Offshore Entities
Following the footsteps of other major regulators, the UK, EU and Australia have implemented leverage restrictions on contracts for difference (CFDs) in recent years. In search of alternative solutions, some brokers have found a workaround by moving offshore or setting up branches in jurisdictions with no leverage restrictions.
Update: the all-new Ultimate Guide to Transaction Reporting in Europe is here
TRAction is pleased to introduce the updated Ultimate Guide to Transaction Reporting in Europe. The team at TRAction have refreshed our well-known guide for those reporting under EMIR and MiFIR/MiFID II in both the UK and Europe. In our latest version of the guide, we have taken into account recent regulatory changes including where to report your trades post-Brexit.
