European Market Infrastructure Regulation (EMIR) Reporting

Uncertainty over whether you are meeting your reporting obligations can hamstring your trading activity. Don’t take unnecessary risks; we can help to ensure you are complying with the EMIR regulations.

Current Reporting Obligations

From 12 February 2014 the European Market Infrastructure Regulation (“EMIR”) mandates the reporting of all derivative contracts to a Trade Repository that is monitored and regulated by the European Securities and Markets Authority (“ESMA”).

The EMIR rules apply to any entity established in the European Economic Area ("EEA") that is a legal counterparty to a derivative contract, even when trading with a non-EEA counterparty.

All derivative trade details that have “concluded, modified, or terminated” must be reported to a Trade Repository by all trade counterparties by the end of T+1. Additionally, from this date entities will be required to report those derivative transactions that were open on, or entered into after 16th August 2012, in a process known as ‘back loading’.

EMIR – Delegated Reporting Service

G. H. Financials, in conjunction with the CME European Trade Repository, offer a Delegated Reporting Service to help our clients meet their reporting obligations.

The Delegated Reporting Service is available to all EEA clients of G. H. Financials where the EEA client is counterparty to an exchange-traded derivative contract cleared with G. H. Financials.

More information:

If you would like to find out more, please contact:

London: +44-20-7653-6410
Chicago: +1-312-586-1801
Hong Kong: +852-5808-0324 ext. 2210
Or alternatively, use our contact page.