624. In Table 3 to the Annex of the draft RTS on data quality, ESMA has included different categories of statuses for a derivative, as follows:

Table 89 [view table in PDF]

625. The category "Reporting requirement for both counterparties" should be filled by the TR based on the information in field 1.14. Where the field is populated "True", then the status of the reconciliation category should be "yes", otherwise it should be "no".

626. The category "Reporting type" should be populated with "single-sided" when the TR has received only one side of the derivatives, and "dual-sided" when both counterparties have reported to the same TR.

627. The category "Pairing" should be populated with "paired" when the TR has been able to identify the two sides of the same derivative or "unpaired" is it has not yet been able to do so. When a TR identifies a derivative as "dual-sided" in the category "Reporting type", it should only identify it as "paired" in the category "Pairing".

628. Only derivatives that have been paired can be reconciled. Therefore status of "reconciled" for either the category "Reconciliation" or the category "Valuation reconciliation" should only be assigned by the TR for derivatives that are "paired".