Troubled by Issues, EMIR Reporting Kicks Off

london-skyline — Emir's deadlines have provoke consternation from the industry, which regards them as too tight.

- By James Rundle and Nicholas Hamilton
- 14 Feb 2014

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Under the provisions in EMIR, counterparties to a derivative trade must now report the details to a European trade repository (ETR), except in specific circumstances, along with historical transactions stretching back over a month. The rules went into effect on February 12 despite a backdrop of calls that the deadline was too soon for firms to be fully compliant, along with concerns around the issuance of essential components necessary for this to take place.

KDPW_TR, the ETR operated by the

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