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20th May 2021

ESMA Releases Updated EMIR Q&A - 20/05/2021

ESMA has released a new version of EMIR Q&A document. The changes relate to 3 questions:

  • TR37 (amended) - clarifying rules of providing access for Competent Authorities to reported derivatives where underlying is a basket

  • TR53 (amended) - clarifying reporting of derivatives on reference rates that have not been assigned a 4 letter code, reporting of changes to contracts based on decommissioned rates (e.g. libor)

  • TR58 (new) - clarifying population of 'Delivery type' field for credit derivatives