ESMA have today published the final report on the update to the EMIR reporting RTS and ITS, following on from the consultation paper completed in June 2020.
This final report and draft RTS and ITS largely reflect the original proposals included in the consultation paper. Please find a summary of these changes here.
The draft technical standards have been submitted to the European Commission who will review and publish in the official journal. Implementation for reporting firms is expected 18 months after publication in the official journal.
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