On 31 March 2021, the European Securities and Markets Authority (ESMA) updated its Q&As on the European Markets Infrastructure Regulation (EMIR). ESMA has updated Q&A 51 dealing with trade repositories by clarifying two aspects related to intragroup transactions (IGT) reporting exemption:

  • Reporting of details of derivatives when the IGT reporting exemption ceases to be valid.
  • Location of parent undertaking for the purposes of the IGT reporting exemption. The answer to this question is provided by the European Commission in accordance with Article 16b(5) of the ESMA Regulation.