On February 4, the European Securities and Markets Authority (ESMA) published an updated version of its questions and answers document (Q&As) on the implementation of the European Market Infrastructure Regulation (EMIR).
The amendments include:
- An amended question in relation to trade repositories (TRs) to confirm how counterparties should report a derivative with no maturity date;
- An amended question to clarify the reporting of derivatives that are terminated before the reporting deadline and when these should be submitted; and
- A new question on TRs to clarify the approach counterparties should take for reporting field “confirmation means.”
The updated Q&A is available here.