ESMA release new Q&A for EMIR reporting
ESMA have released a new Q&A today clarifying issues related to report to trade repositories under EMIR.
Esma stated on their website:
"The European Securities and Markets Authority (ESMA) has issued today updated Question & Answers (Q&As) on the implementation of the European Markets Infrastructure Regulation (EMIR). These updated Q&As clarify, among others, issues related to reporting to trade repositories (TRs) such as on how to construct and generate Unique Trade Identifiers (UTI), the reporting of empty/not available fields and the UPI taxonomy.
ESMA appreciates that it will require a certain amount of time for both reporting firms and TRs to properly incorporate this further guidance. Other areas covered by the updated Q&A include OTC derivatives and CCP requirements."
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