As expected ESMA have reacted to the refusal of the one year delay to ETD reporting by publishing more information via their Q&A process. The updates to the document here ESMA clarifies reporting of on-exchange derivatives under EMIR | Esma cover the following topics:

1. Calculation of the clearing threshold
2. Risk Mitigation techniques for OTC derivative contracts not cleared by a CCP
3. Portfolio Reconciliation
4. Front-loading requirement for the clearing obligation
5. Segregation and portability
6. Transparency
7. Reporting of outstanding positions following the entry into force of EMIR (Backloading)
8. Reporting to TRs: Table of fields
9. Collateral portfolio code
10. Position level reporting
11. Scope of reporting
12. Which parties have to report
13. How should give-ups be reported
14. Do Partial executions have to be reported separately
15. Trade ID and Transaction Reference Number
16. How should time stamps be populated
17. Who should report the value of collateral

If you thought you could ease up over Christmas, think again.  You can download the ESMA Q&A PDF here too.