ESMA has updated their EMIR FAQs as of today. There is quite a significant update in the various sections as outlined on pages 6 and 7 of the August EMIR FAQ Update from ESMA (link to ESMA PDF) with 25 new answers covering OTC derivatives, CCPs and Trade Reporting. Direct download the  same PDF from this site to understand new interpretations of the regulation (PDF on this site) A more detailed analysis of the updated FAQ will follow in the coming days.