ESMA have published this briefing document on data reporting under MiFID II. The note includes a table of the various types of reporting under the rules, although it excludes Position Reporting, which has an impact on the energy and commodities markets. The reporting requirements, in particular “Transaction reporting”, will be of interest to entities who will be “investment firms” under MiFID II, whether due to the Ancillary Activity test or otherwise. This follows a Q+A which was published in December, which is examined in this post on the RegTechFS site.
The National Competent Authorities will be accepting data using the ISO 20022 standard, which is explained in this post on The OTC Space by Alan McIntyre of Riskfocus. Some ARMs (Authorised Reporting Mechanisms) may support other standards.Those interested in finding out more about MiFID II data reporting may wish to participate in this meeting on 1st February which is being run by The OTC Space as part of the “post trade forum”.