The European Market Infrastructure Regulation (EMIR) Refit is to amend Article 9 of EMIR to remove the obligation of counterparties to report historical derivative transactions that were entered into before August 16, 2012 and remained outstanding on that date, or that were entered into on or after August 16, 2012 but were no longer outstanding when the reporting obligation under EMIR commenced. The current deadline for reporting historical derivative transactions is February 12, 2019.
A request has been made to ESMA to issue a statement to national competent authorities that, in the event that the EMIR Refit is not published in the Official Journal and in effect before February 12, 2019, supervisory action will not be taken against counterparties that have not reported all details of historical derivatives transactions by that date.
Click on the attached PDF to the read the letter in full.
Documents (1) for Forbearance Request to ESMA for Reporting Historical Transactions: EMIR Refit
Latest
ISDA Publishes SPS Matrix Version 1.02
On December 19, 2025, ISDA published an updated version (v1.02) of the ISDA Digital Asset Derivative Definitions Settlement Price Source Matrix (‘SPS Matrix”). The SPS Matrix contains a list of Settlement Price Sources (SPSs) and related terms that parties can...
From Milestone to Modernization
We’re coming to the end of an exceptionally busy year at ISDA, in which we celebrated our 40th anniversary and doubled down on our enduring commitment to safe and efficient derivatives markets. Reflecting on ISDA’s achievements since 1985, it’s clear...
Response on ASIC Derivative Transaction Rules
On December 3, ISDA submitted a response to the Australian Securities and Investments Commission (ASIC) consultation on the remake of the ASIC Derivative Transaction Rules (Clearing) 2015, which are due to sunset on April 1, 2026. ASIC proposed to remake...
IRD Trading Activity Q3 2025
This report analyzes interest rate derivatives (IRD) trading activity reported in Europe. The analysis is based on transactions publicly reported by 30 European approved publication arrangements (APAs) and trading venues (TVs). Key highlights for the third quarter of 2025 include:...