Version date: 8 July 2021 - onwards
5.4.1 General clarifications
Closed
30 September 2021
63. In accordance with EMIR Article 9(1), counterparties and CCPs are required to ensure that the details of any derivative contract that is reportable as described in the section 5.2 are reported to a TR. Therefore, unless an exemption applies or unless a different party is responsible and legally liable for reporting pursuant to Article 9(1a) of EMIR, the reporting obligations apply to all counterparties and CCPs established in the Union as soon as an undertaking enters into a derivative contract. This means , that such derivative contract should be reported no later than the working day following its conclusion.