Two technical standards on data to be reported to trade repositories under the EMIR have been published in the Official Journal of the European Union. Commission Delegated Regulation (EU) 2017/104 amends Delegated Regulation (EU) 148/2013 with regard to regulatory technical standards (RTS) on the minimum details of the data to be reported to trade repositories. Amongst other things, the revised RTS aim to clarify data fields and introduce new values to reflect market practice or other necessary regulatory requirements.

Commission Implementing Regulation (EU) 2017/105 amends Implementing Regulation (EU) 1247/2012 with amended implementing technical standards on the format and frequency of trade reports to TRs. Both sets of technical standards will enter into force on 10 February 2017, with the RTS becoming effective on 1 November 2017 and the ITS on 1 November 2017 with the exception of Article 1(5) which applies from 10 February.

If members have any questions, please contact Adam Jacobs-Dean, Oliver Robinson or Adele Rentsch.