June 2017

EMIR-2-FinfraG data conversion

One of the most frequently asked questions recently has been whether we are able to convert an EMIR-compatible report format into a format that could be used for FinfraG reporting.

The answer is simple. We can. According to our analyis there is just one additional field (type of collateral) which could, if even applicable, be populated with default values or values related to an e.g. master agreement.

The second difference is that under FinfraG for FX instruments also the value in the second currency has to be reported, which can be easily calculated by using the first notional value and the respective e.g. forward rate.

EMIR in force in Iceland, Liechtenstein and Norway

Welcome to the (regulatory) jungle. EMIR will come into force in Iceland, Liechtenstein and Norway as of July 1, 2017.

FinfraG - first FC+ client 'ante portas'

We have agreed with our first FC+ client on all commercial and technical terms. We are very much looking forward to this cooperation.

Bloomberg registered as trade repository

With effective date June 7, 2017, Bloomberg Trade Repository Limited has been registered as seventh EMIR trade repository by ESMA.