259. The field 'Event date' should be implemented consistently with the SFTR reporting requirements, i.e. this field should be applicable for all reports and should refer to the date when a given event took place or when a modification became "effective" (rather than to the date of agreement to modify the trade).

260. Most respondents supported the proposal, whereas some respondents asked to align it with CFTC reporting requirements and asked for more clarification. One respondent stated that consistency with SFTR is critical, both in terms of the definitions and the consideration of event date for the purpose of creating the trade state report. This respondent flagged also a potential issue with reporting on an event "today" (trade date) that is effective at a later date.

261. Considering the received feedback, ESMA decided to maintain the proposed definition. Furthermore, ESMA acknowledges that detailed instructions and examples regarding the reporting of event date and respective processing of the reports are crucial and intends to provide such instructions and examples in the upcoming guidelines on reporting, upon more detailed consultation on this aspect.