We’ve identified 9 of the most common mistakes that investment firms make in their EMIR reporting. These simple tips aim to help you get it right from the start.

  1. Test accounts erroneously included with live data
  2. Buy vs Sell? Wrong Direction
  3. Wrong instrument classification
  4. Collateralisation
  5. One single deal ID/UTI shared by multiples separate trades
  6. Incorrect use of action type ‘Error’
  7. Incorrect notional amount
  8. Wrong information in Non-Reporting Party Country field
  9. Reporting Timestamp