EMIR reporting -

22

May 2024

Unique Product Identifier: Crypto-asset identifiers

Unique Product Identifier: Crypto-asset identifiers As we had discussed in previous blog entries regarding the UPI and the technical data on how to generate the UPI, we now turn our focus on a specific aspect of the UPI. UPI for derivatives on crypto-assets. As mentioned in our

22

Apr 2024

MAP FinTech Webinar – In anticipation of the EU EMIR REFIT launch

MAP FinTech hosted a webinar with its EMIR-obliged clientele a few days before the REFIT go-live date to better prepare reporting entities. MAP FinTech staff reiterated to reporting entities that, when reporting on a delegation basis on behalf of other financial institutions (such as investment

09

Jan 2024

UPI: A new data element for OTC derivatives reporting

One of the many changes that EU’s EMIR REFIT usher in is the UPI, or Unique Product Identifier. The UPI will be deployed across many jurisdictions including, but not limited to, Australia, Singapore, Europe (the EU and the UK) as well as the USA. The road towards a globally

05

Oct 2023

How will the new EMIR REFIT reporting requirements impact the EU and the UK markets?

In a recent article published by FinTech Global, George Markides, Senior Manager of the Compliance Support Department at MAP FinTech, highlights key aspects of the new EMIR REFIT reporting regime and how it will impact the EU and UK markets. The rules come into effect on April 29, 2024, in Europe

04

Apr 2023

EMIR reporting 101 – Collateral Updates

Did you know that Investment Firms, Banks, and Funds must report collateral received from clients including retail clients, or posted to other counterparties? Under EMIR’s risk mitigation techniques, Counterparties that do not clear their derivatives trades with a Clearing House, are required

08

Mar 2023

UK EMIR Derivatives Reporting Framework: FCA update

On 24th February 2023, the FCA issued an update regarding changes to the UK EMIR derivatives reporting framework. The joint FCA/Bank of England Policy Statement (PS 23/2) announced that the new rules will come into force from 30 September 2024, as well as publishing draft versions of EMIR

29

Nov 2022

EMIR Refit RTS/ITS: reporting under the new standards

The EMIR Refit technical standards (RTS and ITS) were published in the Official Journal of the EU on October 7th 2022. With the compliance date now set on 29 April 2024, counterparties will need to report under the new standards, including upgrading outstanding derivatives to the new reporting

13

Sep 2022

EMIR/MiFIR Efficient Transaction Reporting Monitoring: What Does Your Organisation Need to Do?

Did you know your transaction reporting obligations don’t end when the necessary information has been submitted to the authorities? Besides providing the relevant data, you still need to confirm that the transaction reporting occurred in a timely and accurate manner as it’s required by the

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