The European Securities and Markets Authority (ESMA) has updated its Questions and Answers (Q&A) paper on the implementation of the European Market Infrastructure Regulation (EMIR). The purpose of the Q&A is to promote common supervisory approaches and practices in the application of EMIR.

In the Q&A, the following topics relating to trade repositories (TRs) were updated on 23 June 2014:

  • reporting of collateral;
  • reporting of valuations;
  • reporting of outstanding positions following the entry into force of EMIR (backloading);
  • reporting to TRs: empty fields;
  • reporting valuations of swaps on structured products
  • collateralisation field;
  • contracts with no maturity date;
  • notional amount field; and
  • over-the-counter derivatives novations.

View ESMA publishes updated EMIR Q&A, 23 June 2014