ESMA opened a consultation on 18 August 2026 on the technical standards that turn EMIR Article 7d into a working return, and comments close on 12 October 2026. Article 7d, added to EMIR by Regulation (EU) 2024/2987 (EMIR 3), requires clearing members and clients that clear contracts through a central counterparty recognised under Article 25…
On 3 August 2026 the Financial Conduct Authority published PS26/15, the policy statement that finalises its overhaul of UK transaction reporting. From 3 April 2028, firms reporting under UK MiFIR will populate 52 fields instead of 65, will no longer report foreign exchange derivatives, and will drop roughly 7 million instruments that trade only on…
On 13 July 2026 the CSSF published its MiFIR DPE notification template, a short XLSX form that Luxembourg credit institutions and investment firms use to apply for designated publishing entity (DPE) status under Article 21a of MiFIR. The form is the point at which a firm formally tells its national regulator that it is willing…
On 13 July 2026 the CSSF published a new version of its CSSF MiFID II/MiFIR FAQ, the question-and-answer document that sets out how the regulator expects Luxembourg investment firms and credit institutions to run transaction reporting, transparency and commodity-derivative obligations in practice. Several answers carry a fresh 13 July 2026 stamp, and four are new…
On 6 July 2026 the European Securities and Markets Authority (ESMA) selected Etrading Software (Netherlands) B.V. to run the EU’s OTC derivatives consolidated tape, naming it the consolidated tape provider for over-the-counter derivatives under the Markets in Financial Instruments Regulation (MiFIR). It is the third and last asset class under Article 27da of MiFIR to…
On 2 July 2026, ESMA put a price on something reporting teams have grumbled about for years. The regulator published its final report on the transaction reporting simplification agenda and estimated that cutting duplication across EMIR, MiFIR and SFTR could save the industry up to EUR 1 billion a year. The figure sits at the…
If you run a UK EMIR reporting function, the news that the Bank of England and the FCA have reviewed their Memorandum of Understanding on financial market infrastructure looks like a non-event. Two regulators tell each other they cooperate well. No template changed, no deadline moved. Easy to file and move on. That reflex is…
What Is MiFIR Transaction Reporting and Why It Matters MiFIR transaction reporting is one of the most operationally demanding requirements in European financial regulation. Every day, thousands of investment firms, trading venues, and systematic internalisers in the EU submit transaction data to national competent authorities (NCAs) under MiFIR Article 26. If you work in post-trade…