ISDA response to ACER consultation on reporting under the REMIT

On September 2, ISDA responded to the public consultation by the European Agency for the Cooperation of Energy Regulators (ACER) Transaction Reporting User Manual (TRUM) and Registered Reporting Mechanism (RRM) Requirements for transaction reporting under the regulation on Energy Market Integrity and Transparency (REMIT) which was launched in early August.

The response addresses the definition of a market participant particularly in the case of clearing flows; the obligations on clearing broker and executing broker as they execute transactions for their clients and on their own behalf; availability of execution data under Markets in Financial instruments directive (MiFID) for the purpose of the REMIT reporting; timeline for implementation and back loading/back reporting of transactions.

Tags:

Documents (1) for ISDA response to ACER consultation on reporting under the REMIT

Remove Bureaucracy from Cross-margin Approvals

Cross-margining programs play a critical role in financial markets. By ensuring margin requirements more closely reflect the actual risk of a portfolio of products, they reduce liquidity strain and improve market efficiency, both of which will become even more important...

Joint Response on CCP Resolution

On September 7, ISDA and FIA responded to a Bank of England (BOE) discussion paper on central counterparty (CCP) resolution. The associations support greater clarity on valuation capabilities prior to a crisis scenario and the boundary between recovery and resolution,...