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News: EMIR Trade Reporting Start Delayed 3 months

26 May 2013 | Bill Hodgson

John Philpott commenting on the previous EMIR 5 month delay story points out:

On trade reporting, reading the small print that “ESMA’s best estimate is that the registration of the first TR(s) will not likely take place before August 2013″ (previously 25th June 2013), this would now imply that the trade reporting start date for ‘interest rate and credit derivatives’ will be August 2013 + 90 calendar days = November 2013 (previously 23rd September 2013).

More time for everyone to prepare and get their LEIs I guess. Bill.


Comments

Reblogged this on Energy Trading Regulation and commented: The new footnote on the ESMA EMIR page may imply a further delay to The first reporting date (of IRS and CDS) , to November, which would have a knock on impact on the next dates. Let's see how this one unfolds.

Reblogged this on Carl A R Weir's Blog.