Is Crypto Trading Reportable Under EMIR and MiFIR?
As the popularity of crypto-assets sweeps the market internationally, both ESMA and the FCA have been working to amend the EU and UK regulations – EMIR and MiFIR to support the adequate reporting of crypto-assets. TRAction discuss the reportability under both regimes.
UK EMIR Refit – Top 6 Changes That You Need to Know
The FCA have published a joint statement with the Bank of England regarding changes to reporting requirements under UK EMIR.
EMIR REFIT Live Now: 29 April 2024
EMIR REFIT, the highly anticipated revision of the European Market Infrastructure Regulation (EMIR) derivative transaction reporting rules, has now come into effect for firms in the European Union. Celebrating Our Team Success: Reporting Under EMIR REFIT At TRAction, we proudly announce that we have successfully reported our clients’ trades under EMIR Refit in the live […]
Data quality reviews by NCAs for EMIR reporting – ESMA Report
ESMA shows EU regulators’ supervisory practices regarding EMIR data quality is improving ESMA Report dated 11 April 2024 Follow up report to the Peer Review into supervisory actions aiming at enhancing the quality of data reported under EMIR Level of significance of change Medium Main points Follow-up report to the 2019 peer review into supervisory […]
EMIR Refit: Impact on Power Purchase Agreements (PPAs) Reporting
EMIR Refit marks a new era of regulatory oversight in the derivatives markets. Among its numerous amendments, EMIR Refit introduces crucial changes which will affect the reporting of existing Power Purchase Agreements (PPAs).
EU EMIR Refit – Top 6 Changes That You Need to Know
The EU EMIR Refit rules begin on 29 April 2024. This revision is meant to align EU EMIR with global standards and improve data quality, as such there have been major changes introduced.
TRAction & Duco: Enhanced Data Solutions, Trade Reporting
TRAction has partnered with Duco, the AI platform for enterprise data automation, to provide its clients with reconciliation services. As part of TRAction’s updated service offerings which commenced in 2024, clients on EMIR and MiFIR Premium and Assured plans will receive reconciliations as part of their service. This will involve a three-way reconciliation which compares […]
ESMA’s new Q&A – MiFIR Latest update – 02 February 2024
Topic ESMA’s new Q&A – MiFIR Latest update Date: 02 February 2024 Regulations MiFIR Level of significance of change Minor For list of Q&A as of 1 January 2024, ESMA has directed to locate them on the ESMA Q&A website. Main points ESMA_QA_1510 *NEW* Transaction reporting How are different national identifiers specified in Annex II […]
ESMA’s new Q&A – EMIR Latest update – 02 February 2024
Topic ESMA’s new Q&A – EMIR Latest update Date: 02 February 2024 Regulations EMIR EMIR Refit Level of significance of change Major For list of Q&A as of 1 January 2024, ESMA has directed to locate on the ESMA Q&A website. Main points ETDs Reporting QUESTION 2 *MODIFIED* Scenario 1: the investment firm bears the […]
RTS 27 and 28 – The 2024 Status of These Reports in UK and EU
With the separation of EU and UK requirements and the beginning of divergence, determining whether your firm needs to complete RTS 27 and 28 reports can be very confusing. We summarise the current status of each report across both regimes.