The purpose of transaction reporting is to provide CAs with information about transactions. It aims at providing a representation of the transaction that informs the competent authority about all relevant circumstances under which the transaction took place. Depending on the trading capacity of the Investment Firm and whether or not the Investment Firm is dealing for a client, a transaction may have to be reported in more than one report.
In order to fufil their duties as indicated in Recital 32 of Commission Delegated Regulation (EU) 2017/590, CAs require an accurate and holistic view of transactions that are within the scope of reporting requirements under Article 26 of MiFIR. As clarified in Recital 11 and further specified in Article 15(5) of Commission Delegated Regulation (EU) 2017/590, an Investment Firm should therefore ensure that a collective view of the transaction reports reported by the Investment Firm as the executing entity accurately reflects all changes in its positi
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