Trade Reporting & EMIR

Transaction & Trade Reporting Advice and Support

Compound Growth Limited helps its client to comply with an increasingly complex regulatory regime and can help provide advice and support for your firm’s transaction and trade reporting requirements, including EMIR.

If you would like to discuss your requirements with us, please contact us and we would be happy to help.

European Markets Infrastructure Regulation (EMIR) Overview:

The financial crisis highlighted that certain risks associated with derivatives, were not sufficiently mitigated, particularly those in the over-the-counter (OTC) section of the market such as credit default swaps.

Since then, the European Commission has been working to address these risks and on 16th August 2012, the European Markets Infrastructure Regulation (EMIR) came into effect.

Under the Regulation, reporting requirements are imposed on entities of all types and sizes that enter into any form of derivative contract, including those not involved in financial services and it also applies indirectly to non-EU firms that trade with EU firms.

EMIR is designed to improve the stability of OTC derivative markets throughout the EU and requires standard derivative contracts to be cleared through central counterparties (CCPs). CCPs will have stringent conduct of business and prudential requirements imposed upon them under the Regulation, and a list of those authorised will be maintained by the European Securities & Markets Authority (ESMA).

Read Our Other Related EMIR Articles:

Transaction Reporting & TRUP Assistance

The Transaction Reporting User Pack (TRUP), as issued by the regulator, provides market participants with guidance on transaction reporting obligations in line with the requirements of the Markets in Financial Instruments Directive (MiFID) and applies to FCA authorised firms as well as firms from non-EU countries that trade upon UK markets, operators of an approved reporting mechanism or regulated market or multilateral trading facility (MTF).

Compound Growth has considerable experience and expertise in relation to regulatory transaction reporting. If you would like to discuss your transaction reporting requirements or the implementation of TRUP for your business we would be happy to hear from you.