Comments

Response on the Draft of the new EMIR Reporting Guidelines

DK participated in the consultation on ESMA guidelines for EMIR reporting requirements. EMIR Refit aims to align the reporting standards with international standards and to harmonize with SFTR reporting. The aim is to increase the data quality of the reported data. For this purpose, tightened reconciliation obligations will be introduced in addition to the introduction of the ISO 20022 standard. The consultation was carried out by ESMA with reservations, as the underlying implementing regulations are not yet available. DK advocates that the guidlines of the new reporting standards must be formulated as clearly, simply and without contradictions as possible.

Downloads

Stellungnahme EMIR Meldeguidelines

PDF

Related content

Comments

GBIC comments on amending Delegated Regulation (EU) 2019/98

The German Banking Industry Committee (GBIC) welcomes the objective of revising Commission Delegated Regulation (EU) 2019/980 to simplify prospectus requirements, streamline their content and further standardise format and structure, thereby reducing administrative burdens for issuers, improving comparability for investors and strengthening access to EU capital markets.