The Agency has today approved the first five third-party Registered Reporting Mechanisms (RRMs) under REMIT. RRMs can report records of transactions and orders to trade as well as fundamental data on behalf of a market participant directly to the Agency. The first phase of REMIT reporting will start on 7 October 2015.
The Agency also published an updated XML schema (version 2) to report trades and orders to trade according to REMIT Table 1 of Commission Implementing Regulation (EU) No 134/2014. However, the current schema (version 1) for the reporting of data according to REMIT Table 1 will continue to be fully supported for the October go-live so that this fine-tuning will not have any impact on stakeholders’ ability to properly prepare for the go-live.
In the light of the REMIT reporting starting on 7 October, the Agency will organise a public workshop on REMIT implementation in Ljubljana on 8 September 2015. The following topics will be addressed and discussed during the workshop:
- Update on REMIT implementation and disclosure of inside information
- Registration of third-party Registered Reporting Mechanisms (RRMs)
- REMIT Transaction reporting as of 7 October 2015
You can find out more here.