Friday March 29 2019
News Source: Fund Regulation
Country: European Union
On 28th March 2019, the European Securities and Markets Authority (ESMA) has issued the official translations of its Guidelines on position calculation by Trade Repositories (TRs) under EMIR.
The adopted guidelines provide information to ensure harmonisation and consistency in relation to:
- the calculations carried out by TRs pursuant to Article 80(4) of Regulation (EU) No 648/2012 (EMIR)1;
- the level of access to positions provided by TRs to the entities included in Article 81(3) of EMIR with access to positions in line with Article 2 of Regulation (EU) No 151/20132 (hereinafter, “the CDR on data access”); and
- the operational aspects for access to position data by the entities included in Article 81(3) of EMIR.
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