CYP SEC EMIR Reporting Guidelines


On Jan. 23, CYP SEC advised on ESMA reporting guidelines for EMIR.


  • CYP SEC reminded regulated entities that ESMA issued guidelines for reporting under EMIR on Oct. 23, 2023 (ESMA74-362-2281), translated into all official EU languages.
  • Follows ESMA Oct. 2023 issued ESMA74-362-2281 EMIR reporting guide #157256.
  • Summary
  • Guidelines apply to financial and non-financial counterparties to derivatives as per art. 2(8), 2(9), trade repositories as per art. 2(2) of EMIR, and to competent authorities.
  • Apply to derivatives reporting obligation under art. 9, TR obligations in art. 78 and 81.
  • Aim to harmonize and standardize reporting for data quality to monitor systemic risk.
  • Effectiveness
  • Guidelines will apply from Apr. 29, 2024.

Regulators CYP SEC
Entity Types Corp; Inv Co
Reference Cir C616, 1/23/2024; Gd ESMA74-362-2281
Functions Compliance; Financial; Legal; Operations; Registration/Licensing; Reporting; Risk; Settlement; Trade Reporting; Treasury
Countries Cyprus
Category
State
Products Corporate; Derivatives; Fund Mgt; Securities
Regions EMEA
Rule Type Final
Rule Date 1/23/2024
Effective Date 4/29/2024
Rule Id 198830
Linked to Rule :157256
Reg. Last Update 1/23/2024
Report Section EU

Last substantive update on 01/25/2024