The European Securities and Markets Authority has updated its Questions and Answers (Q&A) document regarding the implementation of the European Markets Infrastructure Regulation. The updated document includes a new Q&A regarding the population of the “clearing obligation” field in trade reports. It explains how the description of the field should be interpreted, how it should be populated during the frontloading period and how long the counterparties are allowed to report value “X” (standing for “not available”).

View ESMA updates its EMIR Q&A, 4 April 2016