On March 20, ESMA published the updated Q&A document with some additional guidelines for trade reporting.
It was also expected from the European Commission to advise on certain aspects regarding the classification of financial instruments. e.g. FX spot vs FX forward transactions. Unfortunately this topic is still pending as their recent response letter did not yet provide any clarifications.
Wrong assumptions regarding the reporting start date of historical trades circulated amongst market participants and were even wrongly published by some National Competent Authorities.
Shortly before year end, ESMA published an updated version of their Q&A document with focus on reporting obligations of ETD's, exchange traded contracts. Amongst others, ESMA describes in detail the reporting obligations for parties involved in the execution chain of ETD's, i.e. from the client to the central clearing counterparty (CCP) and the roles of other parties involved in between, i.e. the bank and the clearing member. ESMA's Q&A document as of December 20, 2013.
This website uses necessary cookies that ensure the functionality and security of the website. In addition, we integrate YouTube with your consent. You can find more information in the privacy policy.
