250. The current RTS on reporting specify content of reporting of data elements related to regular payments in Table 2, Section 2f of the Annex.

251. Furthermore, the ITS on reporting specify the format in which this information should be provided:

a. For fixed legs: Day count convention: “Numerator/Denominator where both Numerator and Denominator are numerical characters or alphabetic expression “Actual”, e.g. 30/360 or Actual/365” [Annex, Table 2 Field 41 of the current RTS on reporting.];

b. For fixed and floating legs: Payment frequency-time: “Time period describing how often the counterparties exchange payments, whereby the following abbreviations apply: Y = Year M = Month W = Week D = Day”[Annex, Table 2 Field 45 of the current RTS on reporting.];

c. For fixed and floating legs: Payment frequency-multiplier: “Integer multiplier of the time period describing how often the counterparties exchange payments. Up to 3 numerical characters.” [Annex, Table 2 Field 44 of the current RTS on reporting.]