See this post on RegTechFS for a view of the countdown to the Go Live for Emir Reporting of Trades from the financial perspective.
See this blog post by David Field of Rule Financial. It is not only commodities that is unclear for EMIR. Still, there is almost two weeks to get ready….
In two weeks’ time,the Go Live for EMIR Reporting of Trades will be upon us. All market participants will need to send trade information to a registered repository. Last week, we highlighted a list of outstanding issues which included: Which data is actually required for certain trade types. In particular, (but not limited to) physical … Continue reading
There are now 19 days until the Go Live of EMIR Trade Reporting. And many questions remain, as we saw the other day. One that many are struggling with is the issue of delegation, which is not as it first appears. On a simple basis, delegation is the process of getting your counterparty to report … Continue reading
In 20 days’ time, the Go Live for EMIR Trade Reporting Day (GLERT) will be with us. And yet, at this stage, there is still a huge amount of confusion about how to report commodity trades under EMIR, amongst other things. The EMIR message as defined by ESMA contains a dedicated commodity section, and within … Continue reading
Treasury Peer have published this interview with Nick Boatman who heads REGIS-TR
The text agreed last week for MiFID II contained some useful proposed carve outs for commodity position limits. This includes: A hedge carve out – definition of “hedge” to follow Oil and coal physical forwards to be exempt for three and a half years Gas and power physical forwards exempt. Of course the devil will … Continue reading
Three weeks today, anyone trading “derivatives” in the EU is required to start reporting them on a daily basis to one of the six approved Trade Repositories. Despite the regulatory standards being available for over a year, and despite many questions and answers between the industry, ESMA, the European Parliament and the Trade Repositories, there … Continue reading
See here for a post by Gordon Allot of Broadpeak on the mess around EMIR Trade Reporting. Good reading!
See this article by Mark Davies of AVOX about the emerging LEI landscape, how it is being driven by EMIR and other regulations and where it is going.