Preparing for the implementation of EMIR REFIT

Carolyn Jackson and Ciara Mcbrien
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Carolyn Jackson: Partner, Katten Muchin Rosenman, UK
Ciara Mcbrien: Associate, Katten Muchin Rosenman, UK

Journal of Financial Compliance, 2023, vol. 7, issue 2, 140-147

Abstract: The new obligations under EMIR REFIT (as defined below) require firms to adopt new reporting standards for derivatives transactions and upgrade outstanding derivatives transactions to the new reporting format. The implementation date is 29th April, 2024 in the EU and 30th September, 2024 in the UK. To navigate the complexities of EMIR REFIT, firms should start preparing for the implementation of the new requirements as soon as possible.

Keywords: reporting; EMIR; REFIT; derivatives; regulation; EMIR 3.0 (search for similar items in EconPapers)
JEL-codes: E5 G2 K2 (search for similar items in EconPapers)
Date: 2023
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