EMIR: ESMA publishes amended RTS on access, aggregation and comparison of trade repositories data
Friday 15 April 2016 Clifford ChanceThe European Securities and Markets Authority (ESMA) has published amended RTS on access, aggregation and comparison of data across trade repositories (TRs) under the European Market Infrastructure Regulation (EMIR). The amended RTS aim to provide a higher quality of data, enhance the access to data by authorities and allow for the comparability and aggregation of data across trade repositories.
Key amendments include:
- standardised output format of the
TR data;
- standardised and secure data
exchange between TRs and authorities;
- standardised frequencies for the
provision of direct and immediate access to TR data;
- minimum types of queries that need
to be available for the authorities; and
- use of secure machine-to-machine connection and of data encryption protocols.