ESMA’s Data Operational Plan following the end of the UK transition period on 31 December 2020 (ESMA65-8-7497)
PUBLIC STATEMENT
ESMA’s Data Operational Plan following the end of the UK transition period on 31 December 2020
The European Securities and Markets Authority (ESMA) is issuing this statement in relation to the impact on ESMA’s IT systems and databases of the end of the UK transition period on 31 December 2020.
This statement complements the statement on the use of UK data in ESMA’s databases and performance of MiFID II calculations after the end of the transition period on 31 December 2020, and provides further details related to the operational use of ESMA’s IT systems during the period following the end of the transition period on 31 December 2020.
Following the end of the transition period on 31 December 2020, the submission of UK data to ESMA will cease, starting from 1 January 2021, as EU law will no longer apply to, and in the UK. Consequently, ESMA is currently preparing its IT systems and databases to continue functioning for the EU27, without UK data. ESMA will perform several actions from 31 December 2020, some of which may have a direct or indirect impact on external stakeholders that exchange data with ESMA. The purpose of this document is therefore to provide information and instructions, where needed, to market participants on operations just after 31 December 2020.
This statement covers the actions related to the following systems:
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Financial Instruments Reference Data System (FIRDS);
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Financial Instrument Transparency System (FITRS);
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Double Volume Cap System (DVCAP);
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Transaction reporting systems; and
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ESMA’s registers and data.