5. All the definition, concepts and terms that are used in EMIR, in the current RTS and ITS on reporting, in the amended RTS and ITS on reporting, in the Q&As and in these guidelines are used with the same meaning.

6. Furthermore, for the purpose of these guidelines, ESMA defines the following concepts that would be used to better illustrate the different situations that might take place.

7. "Report submitting entity" (RSE, hereinafter) which is one of the counterparty fields of the amended technical standards on reporting should be understood as the entity which has entered in a contractual relationship with a registered or recognised TR and it:

a. Reports only its side of derivatives contract, in which case it would coincide with the reporting counterparty of the contract

b. Reports only derivatives where it is one of the counterparties, in which case it would coincide with either the reporting counterparty of the contract or the other counterparty, and

c. Reports derivatives where it might be or might not be one of the counterparties.