EMIR: Indicative reporting timeline updated by ESMA

ESMA issued an updated timeline (indicative) on May 22, 2013. 
Emphasis is placed on the fact of the Trade Repository (TR) registration process and the impact on the earliest reporting start dates. ESMA itself doubts the indicative reporting start date due to the delayed registration process for trade repositories. Currently we are aware of seven trade repositories which have announced their interest in becoming authorized by ESMA!