ISDA Responds to the ESMA Consultation Paper on the Guidelines on Reporting under EMIR

On 30 September 2021, ISDA submitted a response to the European Securities and Markets Authority’s (ESMA) Consultation Paper on the Guidelines on reporting under EMIR. Two response documents were submitted: one provides responses to the questions put forward by ESMA and the second document provides comments on the validation and reconciliation rules. In the response, ISDA highlighted a several points including:

  • The application of field reconciliation and tolerance levels
  • The use of UPIs and related reference data
  • The format of TR reports
  • ETDs being reported as OTC derivatives when executed on third country markets

ESMA intend to publish a final report on the EMIR reporting guidance in the first quarter of 2022 based on the response received for this consultation.

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Documents (2) for ISDA Responds to the ESMA Consultation Paper on the Guidelines on Reporting under EMIR

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ISDA Launches RFQ for DRR Traceability Tool

ISDA has launched a request for quote (RFQ) for the development of a traceability tool for its Digital Regulatory Reporting (DRR) solution. The traceability tool is intended to provide enhanced transparency for users of the ISDA DRR by pinpointing why...