January ICAS Newsletter Issue 49/2019

According to Article 9(1) of EMIR: “Counterparties and CCPs shall ensure that the details of any derivative contract they have concluded and of any modification or termination of the contract are reported to a trade repository registered in accordance with Article 55 or recognised in accordance with Article 77. The details shall be reported no later than the working day following the conclusion, modification or termination of the contract … Counterparties and CCPs shall ensure that the details of their derivative contracts are reported without duplication.”