Q&A · ESMA

MiFIR data reporting - Reporting of reference rates not included in RTS 23 and 22

Answered

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AI-generated Summary

Risk-free rates missing from the RTS 23 and RTS 22 code lists should be reported with their ISO 20022 four-letter code (for example 'ESTR' for €STR) and, where one exists, the rate's ISIN; ESMA also covers other unlisted reference rates, whether voluntary switches to risk-free rates are reportable transactions, and new ISINs for instruments with fallback rates.

Details

Reference	ESMA_QA_1505
Issuer	ESMA
Published	28 May 2021
Answered	28 May 2021
Submitted	28 May 2021
ESMA topics	Instrument Reference data
Earlier Q&A document	ESMA 70-1861941480-56 MiFIR data reporting Q&A, Q&A 18.1

Provisions it relates to

Article 26 MiFIR · Obligation to report transactions
MiFIR
Explicit reference · 90%
MiFIR (whole act)
Explicit reference

Documents it refers to

RTSIn forceExplicit reference · 90%
Commission Delegated Regulation (EU) 2017/585 of 14 July 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the data standards and formats for financial instrument reference data and technical measures in relation to arrangements to be made by the European Securities and Markets Authority and competent authorities
European Commission · 31 Mar 2017 · EUR-Lex
AI summaryRTS 23 on financial instrument reference data: sets the content, standards and format of the data that trading venues and systematic internalisers must send to competent authorities under Article 27 MiFIR, submission deadlines, ISIN and LEI identification, and the arrangements for ESMA and competent authorities to receive, check, exchange and publish the data.
RTSIn forceExplicit reference · 90%
Commission Delegated Regulation (EU) 2017/590 of 28 July 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities
European Commission · 31 Mar 2017 · EUR-Lex
AI summaryRTS 22 on transaction reporting under Article 26 MiFIR: defines a reportable transaction and its execution, the conditions for transmitting orders instead of reporting, identification of firms, clients, decision makers and the persons or algorithms responsible for investment and execution decisions, flags for waivers and short sales, branch reporting and the most relevant market in terms of liquidity, with the reporting fields in its annex.