EEA JC Trade Repositories, EMIR Refit


On Jun. 12, EEA JC adopted decision on trade repositories, EMIR refit.


  • EEA JC adopted Dec 129/2024 incorporating trade repository RTS into EEA Agreement.
  • Follows EC Jun. 2022 adopted regs amending trade repositories RTS, see #140215.
  • EEA JC Adopted Decision
  • EEA JC adopted Dec 129/2024 incorporating the following rules into EEA Agreement.
  • Reg 2022/1855 supplementing Reg 648/2012 with regard to regulatory technical standards specifying the minimum details of the data to be reported to trade repositories and the type of reports to be used.
  • Reg 2022/1856 amending the regulatory technical standards laid down in Reg 151/2013 by further specifying the procedure for accessing details of derivatives as well as the technical and operational arrangements for their access.
  • Reg 2022/1857 amending the regulatory technical standards laid down in Reg 150/2013 as regards the details of the applications for registration as a trade repository and for applications for extension of registration as a trade repository.
  • Reg 2022/1858 supplementing Reg 648/2012 with regard to regulatory technical standards specifying the procedures for the reconciliation of data between trade repositories and the procedures to be applied by the trade repository to verify the compliance by the reporting counterparty or submitting entity with the reporting requirements and to verify the completeness and correctness of the data reported.
  • Reg 2022/1860 laying down implementing technical standards for the application of Reg 648/2012 with regard to the standards, formats, frequency and methods and arrangements for reporting.
  • Effectiveness
  • Decision shall enter into force on Jun. 13, 2024; or on day of the entry into force of Decision of the EEA JC Dec 50/2021 of Feb. 5, 2021, whichever is the later.
  • Jun. 28, 2024 EEA JC Decision in Force Date
  • On Jun. 28, 2024, EFTA confirmed Dec 129/2024 comes into force on Aug. 1, 2024.

Regulators EEA JC; EFTA
Entity Types B/D; Depo; Exch
Reference PR, 6/28/2024; PR, Dec 129/2024, 6/12/2024; Citation: Reg 2022/1855; Reg 2022/1856; Reg 2022/1857; Reg 2022/1858; Reg 2022/1860; Dec 129/2024;
Functions Compliance; Financial; Legal; Operations; Registration/Licensing; Reporting; Settlement; Trade Reporting; Treasury
Countries Iceland; Liechtenstein; Norway
Category
State
Products Clearing; Corporate; Derivatives; Securities
Regions EMEA
Rule Type Final
Rule Date 6/12/2024
Effective Date 8/1/2024
Rule Id 215674
Linked to Rule :140215
Reg. Last Update 6/28/2024
Report Section EU

Last substantive update on 07/02/2024