2013-09-13

Added · Updated

EMIR - Reporting obligations

Counterparties and central counterparties must report the details of every derivatives contract, including amendments and terminations, to a trade repository registered with ESMA. This obligation applies to all derivative contracts, encompassing OTC derivatives traded through central counterparties, non-cleared OTC derivatives, and exchange-traded derivatives. Reports must be submitted by the business day following the date the contract was concluded, amended, or terminated. In specific cases, a financial counterparty is also responsible for reporting the details of contracts entered into with a non-financial counterparty.

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