Following a joint FIA / European Federation of Energy Traders / Global Financial Markets Association / International Swaps and Derivatives Association letter to the European Securities and Markets Authority (ESMA) in December 2016, the trade associations have jointly submitted draft Q&As to ESMA on position reporting under Article 58 of MiFID II. The draft Q&As propose a definition of end-client, clarify how positions of clients and clients of those clients should be reported and makes suggestions how duplicative reporting could be avoided.

View FIA draft Q&As on position reporting submitted to ESMA, 13 March 2017