Meet the team: Valerija Galkina
How did Valerija find herself at TRAction? After university, Valerija started her journey in the investment world where she found herself interested in the regulatory reporting framework “as it was a relatively fresh and fast developing field. Transitioning into fintech felt like a natural progression, allowing me to integrate my experience into innovative tech solutions.” […]
The 6 Most Common EMIR Reporting Errors
We’ve identified the 3 most common errors in the data we receive from our clients: NonReportingPartyCountry field populated with invalid country code, UTI reused for a new trade and invalid LEIs used.
Does CARF include transaction reporting requirements?
The Crypto-asset reporting framework (CARF) is a newly set up framework by the Organisation for Economic Co-operation and Development (OECD). Its aim is to harmonise the global approach towards crypto reporting and bring about an automated process for information sharing relating to crypto transactions between countries. The framework aims to combat tax fraud, evasion and […]
Meet the team: Georgios Hadjigeorgiou
How did Georgios find himself at TRAction? Prior to working at TRAction, Georgios was working for Amazon UK as a Process Optimisation Analyst in Operations. He describes that his responsibilities were to “analyse data from all Fulfilment centers in the UK, EU and AU, and advise the senior operations managers and the general managers on […]
ESMA’s assessment of the MiFID Trade Reporting Framework
ESMA spent 2024 keeping busy with its consultation process into the review of the existing MiFID and MIFIR framework in Europe. In May, July and October 2024 it released consultation papers for different elements of a review into MiFID. The consultation from October 2024 discusses the revisions proposed to the existing technical standards on the […]
Can TRAction Correct Trades from Another Provider?
With a lot of companies recently changing their trade reporting providers in the leadup to and aftermath of EMIR Refit and ASIC/MAS Rewrite, a common question is whether a delegate can close or correct a transaction for its client which was previously reported to a trade repository (TR) by a former delegate. Often clients that […]
Regulatory Shifts: Liquidity Provider Agreements Require Changes
TRAction’s co-CEO, Quinn Perrott, shared his insights with Finance Magnates in this recent article. Delving into the evolving landscape of trade reporting and the imperative for firms to adapt their liquidity provider agreements accordingly. He highlights that regulatory updates under EMIR Refit, ASIC, and MAS Rewrite necessitate enhanced data alignment, automated UTI sharing, and renewed […]
The 3 Most Common Errors in MiFIR Transaction Reporting
We’ve identified the 3 most common errors in the transaction data we receive from our clients: missing customer details, duplicate transactions and incorrectly formatted dates.
The Most Common Errors in SFTR Transaction Reporting
We’ve identified the 3 most common errors in the transaction data we receive from our clients
Valuation method – UK EMIR
