Q43. Do you agree with the transfer of data generated and recorded by the old TR on Rejections and Reconciliation to the new TR in case of withdrawal of registration? Which other aspects need to be considered? Please elaborate on the reasons for your response.

289. In the CP, ESMA proposed that all data on reconciliation and rejections generated by the old TR related to a SFT subject to transfer should be transferred to the new TR.

290. Four responses were received.

291. Two respondents were in favour of the proposal, two did not support the proposal.

292. One correspondent proposed to only transfer statistics on reconciliation and rejections.

293. One TR argued that such transfer and related processes, e.g. providing NCAs with access to the data, format related issues etc., would pose many difficulties.