Trade Reporting Field of the Week: TRN
For today’s Trade Reporting Field of the Week, TRAction reviews the Transaction Reference Number field.
ESMA’s new Q&A – EMIR Latest update – 23 March 2023
TRAction reviews ESMA’s new Q&A
Trade Reporting Field of the Week: Report Status
TRAction’s new Trade Reporting Field of the Week series reviews the 65 MiFIR fields. This week we kickstart the series with the Report Status field.
Onboard with TRAction – MAS OTC Derivative Trade Reporting
We are now supporting clients reporting under the MAS regime with our end-to-end delegated reporting solution.
ESMA Q&A Update – Regarding Third Country Issues Under MiFID II and MiFIR Transparency Requirements
Topic MiFID II and MiFIR Transparency Date 5 September 2022 Regulations MiFID II and MiFIR Articles 20 and 21 of MiFIR Level of Significance of Change Minor Main Points This question and answer update confirms that transactions between branches of the same legal entity, or between a branch and its head office, are not subject […]
Initial Margining Phase 6 – Are you Ready for commencement?
When the last phase of the IM requirements commence in September 2022, a large number of entities (estimated 1200 counterparties) will be subject to the IM requirements for the first time, potentially involving documentation, custodial and operational arrangements.
ESMA’s Regulatory Reporting Outlook for 2022
Every year the European Securities and Markets Authority (ESMA) outlines its priorities for the following year in its annual work programme (AWP). With ESMA’s new powers and responsibilities, growth in staff numbers and changes in senior management, the AWP for 2022 was developed at a time of significant change for ESMA.
How does the quality of your trade reporting affect ASIC’s assessment of the PIO?
ASIC introduced a product intervention order (Order) in October 2020, imposing restrictions on the issue and distribution of contracts for difference (CFDs) to retail investors. This decision came after the regulator’s finding that CFDs have resulted in, and are likely to result in, significant detriment to retail investors.
ESMA’s Latest Q&A on SFTR – 22 January 2022
If the settlement of an SFT has failed, are you still required to report this? ESMA clarified the reporting requirements in relation to Securities Financing Transaction (SFT) settlement fails in a recent Q&A. Due to the various ways in which settlements can fail (i.e., completely, partially, or before or after the SFT maturity date), it […]
Sights are set on global finance opportunities as the UK pivots away from the EU’s MiFID regulations
HM Treasury has issued a consultation paper, the Wholesale Markets Review, which proposed the United Kingdom’s plans to diverge from the European Union’s financial market regulations.