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May 26, 2013

EMIR Trade Reporting Start Delayed 3 months

John Philpott commenting on the previous EMIR 5 month delay story points out:

On trade reporting, reading the small print that “ESMA’s best estimate is that the registration of the first TR(s) will not likely take place before August 2013″ (previously 25th June 2013), this would now imply that the trade reporting start date for ‘interest rate and credit derivatives’ will be August 2013 + 90 calendar days = November 2013 (previously 23rd September 2013).

More time for everyone to prepare and get their LEIs I guess. Bill.


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