On 8 August 2025, the Financial Conduct Authority (FCA) issued its latest consultation on additional draft Q&As on the derivative reporting requirements under the UK European Markets Infrastructure Regulation (UK EMIR). The Bank of England (BoE) has also issued a consultation on the draft Q&As.
The draft Q&As cover the following additional questions:
- Derivatives identifiers – When is it acceptable to report with a technical ISIN?
- Asset class and product specific – How should a ‘FX swap’ be reported?
The FCA and BoE welcome feedback on the draft Q&As by 12 September 2025.
The FCA anticipates publishing the finalised Q&As in October 2025.