Regulatory Alerts2013-08-08
Final Report on amended EMIR implementing technical standards
The European Securities and Markets Authority proposes amending Commission Implementing Regulation (EU) No 1247/2012 to postpone the trade reporting start date for exchange traded derivatives by one year. This delay is necessary to allow for the development of clear guidelines on counterparty identification and to ensure consistency between EMIR and MiFID reporting obligations. The amendment aims to prevent legal uncertainty and avoid costly system adaptations by market participants before stable regulatory guidance is established.
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