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Version date: 6 January 2020 - onwards

3.16 Reporting of CFI for a security used as collateral

Q37. Do you have any remarks concerning the reporting of CFI? What other aspects need to be clarified to ensure that reporting is consistently performed? Please detail the reasons for your response.

291. In the CP ESMA established the use of the official sources for the CFI.

292. And according to this, several of the consultation responses sought clarification on the official sources for CFIs, and if the data from platforms in the market could be official. ESMA highlights that platforms are not an official source for the CFI and while FIRDS can be used as a reference point, counterparties should retrieve CFIs from ANNA, NNA or, if not available, request it at the relevant NNA of the instrument.

293. To ensure that CFI is always reported as a six-character code, and in line with the ISO 10962:2015, ESMA has provided some examples on how to build it following the procedure.

294. Taking into account the above, one respondent was concerned about the suggestion that each counterparty would

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