619. Many respondents proposed that submitting entities should only receive the daily activity report and the rejection report, allowing report submitting entities to validate whether that all trade submissions have been successful, but not give them access to the details of the reporting counterparties trade portfolio. ESMA disagrees with this proposal on reports for RSE because it constitutes a deviation from SFTR and appears unnecessary, as this entity is already in possession of the information on the portfolio of the reporting counterparty.

620. In terms of the way in which the information is provided, ESMA agrees that not all files should be sent to the reporting counterparties, the entities responsible for reporting or where appropriate, the report submitting entities, but they should be accessible through the TR interface.