Industry should be ready for reporting deadline, warns Esma

Rodrigo Buenaventura at Esma
Rodrigo Buenaventura, Esma

Some buy-side firms might miss a looming deadline for trade reporting of over-the-counter derivatives in Europe but market participants have had plenty of time to prepare and should be ready for February 12, a senior official at the European Securities and Markets Authority (Esma) has warned.

Under the European Market Infrastructure Regulation (Emir), trade reporting begins 90 days after the first trade repositories have been approved. Following Esma's approval of the first batch of repositories

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