Company news

MAP S.Platis just launched new financial product - The MAP-ERS

Europe’s most efficient and economical independent solution for EMIR reporting!

EMIR Reporting Obligation

One of the key elements of the European Market Infrastructure Regulation (EMIR) is the obligation for all EU counterparties to derivative transactions to report such transactions to Trade Repositories (TR) – entities licensed and regulated by the European Securities and Markets Authority (ESMA) who shall collect and maintain the records of all derivatives trade-related data.

The reporting of a derivative transaction should take place at T+1 and it involves any daily modifications/updates of the transaction until the termination of the derivative contract.

Read more: https://www.mapsplatis.com/map-ers/

Tuesday, 07 Jan, 2014 / 12:46

Source : https://www.mapsplatis.com/map-ers/

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