Regulatory Alerts2022-06-10
Added · Updated
Commission Delegated Regulation (EU) 2022/1856 amending Delegated Regulation (EU) No 151/2013 on access to derivatives details
The European Commission amends Delegated Regulation (EU) No 151/2013 to specify that trade repositories must use XML format templates developed in accordance with ISO 20022 methodology for granting access to derivatives details. The regulation mandates that trade repositories designate a liaison person, publish access instructions on their websites, and provide a standardized form for entities listed in Article 81(3) of Regulation (EU) No 648/2012 to request data access. It further establishes technical arrangements requiring trade repositories to grant direct and immediate access to transaction data within 30 calendar days, with specific deadlines of one calendar day for recent data and three working days for older data. The provisions regarding the standardized form and access setup apply from 29 April 2024.