The following article was written by Quinn Perrott, General Manager of regulatory and compliance solutions provider TRAction Fintech. Natural person identifiers are an important part of transaction reporting and contain some complexity in their application due to the variety of identifiers available. It’s widely-known that corporate counterparties need to be identified by their legal entity…
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Data input for MiFID II / MiFIR transaction reporting is not necessarily straightforward, so you should make sure that you are collecting the correct information from clients. Quinn Perrott, General Manager of regulatory and compliance solutions provider TRAction Fintech, explains. MiFIR introduces many requirements in respect of transaction reporting, including the requirement to report a wider…
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The following article was written by Quinn Perrott, General Manager of regulatory and compliance solutions provider TRAction Fintech. Starting on 3 January 2018 are both MiFIR and MiFID II. MiFIR applies in all European Union states regardless of domestic implementation. However, as a directive of the European Commission, MiFID II requires enactment into the national…
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The following article was written by Quinn Perrott, General Manager of regulatory and compliance solutions provider TRAction Fintech. What is Commodity Position Reporting? With the implementation of MiFID II on 3rd January 2018, limits will apply to the net position a person can hold in commodity derivative contracts. These limits will be set by the…
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