Author: Quinn Perrott

Quinn is co-CEO and founder of TRAction and focuses on assisting clients in Europe, Asia and Australia to meet their regulatory requirements with trade and transaction reporting solutions as well as development of the best execution platform. With a background in IT, Quinn started in the financial markets as IT Manager for City Index. He then co-founded and worked as a General Manager at one of Australia’s largest margin FX and CFD providers. Quinn has provided educational sessions to Australia’s regulatory bodies in relation to operational aspects of derivatives and trading platforms.

How to Report Transactions under EMIR, MiFIR and SFTR Regimes Seamlessly

Navigating your European reporting obligations can be tricky.

We’ve answered some of our most frequently asked questions below to help you understand your transaction reporting obligations a little better.

Where should you report your trades/transactions to post-Brexit?

The United Kingdom has severed ties with the European Union and the post-Brexit trade deal is operating but what does this mean for your trade/transaction reporting?

Suspension of RTS 27 reports confirmed for EU and UK whilst RTS 28 remains due for publication

Investment firms in the EU and UK are no longer required to publish the RTS 27 quarterly reports in 2021.

MiFIR Reconciliation

As part of MiFIR/UK MiFIR, Investment Firms should have arrangements in place to regularly reconcile their front office transactions against data samples provided by their National Competent Authority (NCA).

ESMA Releases 2021 Work Program with Transaction Reporting A Stated Focus

Trade and transaction reporting have featured prominently in the upcoming Work Program for 2021 of Europe’s supranational corporate regulator, ESMA.

Regulatory Update – a Focus on EMIR and MiFIR Trade Reporting Continues

2020 does not have to be harder than it already is. With all the reading that needs to be done to keep up with Coronavirus, US Presidential Elections and Brexit, dealing with regulatory updates too can feel a little unbearable.

Best execution and RTS27 and 28 abandonment in ESMA’s pipeline

In what will feel like unusual good news for compliance departments across Europe, ESMA’s recent publication has questioned the efficacy of best execution.

NCA identifies common mistakes in MiFIR transaction reporting – Do you have any? What should you do?

We recommend all European investment firms (IFs) review CySEC’s circular which identified a number of issues with MiFIR transaction reporting undertaken.

CySEC MiFIR Reporting – Notification Requirements for any fixes

We would like to remind all CySEC Reporting Entities (REs) of their obligation to seek approval for a cancellation, correction or late submission in their MiFIR reporting.