Response to FCA Quarterly Consultation on UK EMIR Reporting

On June 30, ISDA submitted a response to chapter 5 of the UK Financial Conduct Authority’s (FCA) quarterly consultation CP25/16 on trade repository reporting requirements under the UK European Market Infrastructure Regulation (UK EMIR). Chapter 5 proposes ‘Amendments to the UK EMIR Trade Repository reporting requirements’, which includes the addition of the field ‘Execution Agent’ to table 3 of the EMIR message template, and to correct a typo in Article 8(5) of the EMIR technical standards. In the response, ISDA supports these proposed changes, although with some minor modifications to be made to the new validation rules.

Subject to consultation feedback, the FCA intend to implement the changes proposed in chapter 5 of CP25/16 on December 1, 2025.

Documents (1) for Response to FCA Quarterly Consultation on UK EMIR Reporting

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,...