Financial markets/Derivatives

What? The European Commission adopted six technical standards, which together form the European Markets Infrastructure Regulation (EMIR) reporting package.

When? 10 June 2022

Why? The adoption of the technical standards falls within the framework of the regulatory fitness and performance program (REFIT), which was launched in 2012 and aimed at simplifying EU legislation and reducing unnecessary regulatory burden. EMIR REFIT amended the reporting requirements under EMIR and sought to improve the functioning of trade repositories. The six technical standards adopted followed on from these changes and notably aim to improve the readability and coherence of the framework.

Want to know more? Read more about EMIR and the adopted technical standards