2024-01-23 | C616–ESMA74-362-2281The Cyprus Securities and Exchange Commission issued Circular C616 to notify regulated entities of the European Securities and Markets Authority's Guidelines for reporting under EMIR. These guidelines harmonize and standardize derivatives reporting obligations for counterparties and trade repositories to ensure data quality and systemic risk monitoring. The requirements apply from 29 April 2024 and cover key aspects including transition rules, intragroup exemptions, reporting logic, and data access.