information

Corrigendum to Commission Implementing Regulation (EU) 2022/1860 of 10 June 2022 laying down implementing technical standards for the application of Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to the standards, formats, frequency and methods and arrangements for reporting (Official Journal of the European Union L 262 of 7 October 2022)

ID 23215

A Corrigendum to Commission Implementing Regulation (EU) 2022/1860 which sets out implementing technical standards under the European Market Infrastructure Regulation (EMIR) for the reporting of derivative contracts by (central) counterparties to trade repositories was published in the Official Journal (OJ) of the EU.
The Corrigendum specifies an omitted reference date in article 10 as regards the date following which data on derivative transactions must be reported to trade repositories, provided that certain conditions are met. Specifically, article 10 must read as follows – the corrections are marked in bold:
„Article 10 – The date by which derivative contracts are to be reported
A counterparty to a derivative that fulfils the conditions set out in point (a) or (b) of Article 2(2) on 29 April 2024 or the entity responsible for reporting shall report all details of that derivative required in accordance with the Annex by submitting a report with event type “Update” within 180 calendar days of 29 April 2024, unless they have submitted a report with the action type “Modify” or “Correct” for that derivative within this period.“
In the previous version, this reference date was once stipulated as „XX.XX.20XX“ and once as „[PO please insert date of application of the ITS]“.

Other Features
CCPs
CMU
counterparty
Derivatives
reporting
Date Published: 2023-05-11
Regulatory Framework: European Market Infrastructure Regulation (EMIR)
Regulatory Type: information
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