European Securities and Markets Authority guidelines on the transfer of data between trade repositories - applicable from 29.4.2024

ESMA has issued Guidelines (ESMA74-362-2351) on the transfer of data between trade repositories under EMIR and SFTR.

The Financial Supervisory Authority has confirmed it will comply with the Guidelines.

In accordance with Article 16(3) of the ESMA Regulation¹, financial market participants shall make every effort to comply with ESMA’s guidelines.

Application

The ESMA Guidelines will apply in relation to:

• the reporting without duplication of details on derivatives
• the procedures for portability between trade repositories
• the transfer of derivatives between trade repositories
• the record-keeping of details of derivatives in trade repositories
• he application of regulatory technical standards for the registration of trade repositories.

Date of application

The guidelines will apply from 29 April 2024.

For further information, please contact

• Jyrki Manninen, Chief Legal Advisor, telephone +358 9 183 5205 or jyrki.manninen(at)fiva.fi
• Juho Westerlund, Senior Supervisor, telephone +358 9 183 5310 or juho.westerlund(at)fiva.fi

Appendix

ESMA Guidelines on transfer of data between Trade Repositories under EMIR and SFTR

See also

Guidelines of the European Supervisory Authorities

¹Regulation (EU) No 1095/2010 establishing ESMA