The European Securities and Markets Authority has updated its EMIR validation rules with regard to the revised technical standards on reporting under Article 9 of EMIR. The update to the validation rules for reports submitted under the revised technical standards are intended to:

• allow for the reporting of exchange-traded derivatives in products for which the effective date may be earlier than the date of execution; and
• clarify how the identification of the product should be validated in the reports submitted on or after 3 January 2018.

View ESMA updates EMIR validation rules, 1 March 2018