ESMA guidelines on periodic information for Trade Repositories


On 6 April 2021, Securities and Markets Authority (ESMA) published its final report and guidelines on reporting periodic information and material changes by trade repositories (TRs) supervised under the European Markets Infrastructure Regulation (EMIR) and the Securities Financing Transaction Regulation (SFTR).

The aim of the Guidelines is to increase the transparency of TRs supervised by ESMA. The guidelines are intended to streamline the periodic aspect of the information collection process, ensuring that it is fully aligned with ESMA’s supervision and its risk assessment processes. The guidelines clarify the format and frequency of the different categories of information which ESMA expects to receive in its role as supervisor of TRs registered in accordance with EMIR and/or SFTR and, hence, clarify the respective obligations of TRs in accordance with Article 55(4) of EMIR and Article 5(4) of the SFTR. The guidelines were to apply from 30 June 2021.

Head of Knowledge Management Strategy and Market Infrastructure - SGSS