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Version status: In force | Document consolidation status: Assimilated law updated to reflect all known changes
Version date: 30 September 2024 - onwards
Version 2 of 2

Article 19 Verification of completeness and correctness of data

An application for registration as a trade repository shall contain the following information:

(a)procedures for the authentication of the identity of the users accessing the trade repository in accordance with EMIRR 2.1.1R(1) of the FCA Handbook;

(b)procedures for the verification of the completeness and correctness of derivatives reported to the trade repository in accordance with EMIRR 2.1.1R(2) of the FCA Handbook;

(c)procedures for the verification of the authorisation and IT permission of the entity reporting on behalf of the reporting counterparty in accordance with EMIRR 2.1.1R(3) of the FCA Handbook;

(d) procedures for verification that the logical sequence of the details of the reported derivatives is maintained at all times in accordance with EMIRR 2.1.1R(4) to (11) of the FCA Handbook;

(e) procedures for the verification of the completeness and correctness of the details of the reported derivatives in accordance with EMIRR 2.1.1R(12) of the FCA Handbook;

(f) procedures for the reconciliation of data between trade repositories where counterparties report to different trade repositories in accordance with EMIRR 2.3 of the FCA Handbook;