EMIR Regulatory Reporting
Effective since August 2012, European Market Infrastructure Regulation (EMIR) was brought in to boost transparency and reduce counterparty risk in the EU’s over-the-counter (OTC) derivatives market. Initial obligations – typically reporting requirements – came into force in 2013 with the final phase due on 1 December 2015.
Does this apply to you?
EMIR regulatory reporting will impact any EU entity that enters into a derivatives contract – as well as any non-EU counterparty that trades with said entity. For a practical guide to EMIR, please click here.
How can MUFG Investor Services help?
For clients MUFG can:
- Report derivative transactions to an approved Trade Repository on behalf of clients (a counterparty can outsource the daily reporting to a third party)
- Back load historical trades where necessary
- Assist in obtaining the LEI for the fund
- Create the reporting template depending on the type of derivative
- Gather all static data necessary for the reporting template by reviewing applicable documentation and liaising with the other counterparty
- Liaising with the other counterparty where necessary if transaction details are not matched