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 ISDA SIMM® Methodology, Version 2.9+2606
Following the 2026 primary calibration exercise, ISDA is pleased to publish ISDA SIMM® version 2.9+2606. This version incorporates updates arising from the recalibration of the model using historical data up to and including 30 June 2026. The ISDA SIMM methodology...
Moving Regulatory Reporting up a Gear with AI
The aim of derivatives regulatory reporting is to improve transparency so regulators can monitor market activity and identify emerging risks. Although reporting rules and subsequent updates have resulted in improvements, they haven’t achieved fully consistent outcomes, leading to implementation and...
Sydney DTF: Scott O'Malia Opening Remarks
ISDA/AFMA Sydney Derivatives Trading Forum October 26, 2026 Opening Remarks Scott O’Malia ISDA Chief Executive Good morning, and welcome to the ISDA and AFMA Derivatives Trading Forum. Thanks for joining us today, and a big thank you to our...
ISDA Publishes FpML Version 5.14
ISDA has published a new version of its Financial products Markup Language (FpML), a widely used open-source standard for the electronic dealing and processing of derivatives transactions. The latest iteration – version 5.14 – incorporates several key modifications and updates...