The cross-trade association EMIR Reporting Best Practices were initially developed and published in March 2020, covering both over-the-counter and exchange-traded derivatives. These best practices were developed to improve the accuracy and efficiency of trade reporting and to reduce compliance costs, and are available to all market participants to access and implement.
A review of the best practices was carried out by member firms in 2021, and subsequently 23 fields have either been updated or new best practices put in place. Additionally, the EU-EMIR and UK-EMIR reporting fields – along with their related best practices – have been set out on separated tabs.
The EMIR Reporting Best Practices is a cross-trade association initiative developed jointly by the European Fund and Asset Management Association (EFAMA), European Venues and Intermediaries Association (EVIA), Futures Industry Association (FIA), German Investment Funds Association (BVI), Global Foreign Exchange Division (GFXD), International Swaps and Derivatives Association, Inc. (ISDA) and Investment Association (IA).
Documents (1) for EMIR Reporting Best Practices
Latest
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ISDA has updated its global calendar of compliance deadlines and regulatory dates for the over-the-counter (OTC) derivatives space.
ISDA/IIF Responds to the PRA Consultation
On July 30th, ISDA and IIF responded to the PRA consultation (CP10/25) on enhancing banks’ and insurers’ approaches to managing climate-related risks, which proposes updates to the Supervisory Statement 3/19 on climate-related risk management for banks and insurers. ISDA and...
ISDA Board Appoints New Chair
ISDA has announced that its Board of Directors has elected Amy Hong as its new Chair. Ms. Hong is Head of Strategy, Investments and Partnerships in the Global Banking & Markets division at Goldman Sachs, responsible for leading strategic initiatives...
Response on Scope of BMR
On July 28, ISDA and the Global Foreign Exchange Division of the Global Financial Markets Association responded to the European Commission’s (EC) consultation on the need to exempt spot foreign exchange (FX) benchmarks under Article 18a of the EU Benchmarks...