Updated 22/12/2024
In force

Version from: 07/10/2022
Amendments
ESMA74-362-2281
Published: 23/10/2023
Art. 2
ESMA74/362/1893
Published: 08/07/2021
Art. 2
ESMA74/362/2281
Published: 14/12/2022
Art. 2
QA924 - Other issues (CCP)
Status: Under Review
Published: 15/05/2023
Art. 2(3)
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EMIR ToolImplementing Regulation 2022/1860
Article 2

Article 2 - Frequency of reports

Article 2

Frequency of reports

1.  
All reports of the details of a derivative specified in Article 1 of Commission Delegated Regulation (EU) 2022/1855 ( 1 ) shall be provided in the chronological order in which the events pertaining to the information to be reported have occurred.
2.  

A CCP, a financial counterparty or a non-financial counterparty as referred to in Article 10 of Regulation (EU) No 648/2012, which is a counterparty to a derivative, or the entity responsible for reporting, shall report any modification of the details relating to the collateral data in fields 1 to 29 in Table 3 of the Annex to Delegated Regulation (EU) 2022/1855 with action type ‘Margin update’, as those details stand at the end of each day, for that derivative when:

(a) 

the derivative has not matured and has not been the subject of a report with the action type ‘Terminate’, ‘Error’ or ‘Position component’ as referred to in field 151 in Table 2 of the Annex; or

(b) 

the derivative was subject to a report with action type ‘Revive’ not followed by another report with the action type ‘Terminate’ or ‘Error’ as referred to in field 151 in Table 2 of the Annex.

3.  
A counterparty to a derivative referred to in points (a) and (b) of paragraph 2 that is a CCP, a financial counterparty or a non-financial counterparty as referred to in Article 10 of Regulation (EU) No 648/2012 or the entity responsible for reporting shall report the end-of-day mark-to-market or mark-to-model valuation of the contract in fields 21 to 25 in Table 2 of the Annex to Delegated Regulation (EU) 2022/1855 with action type ‘Valuation update’, as it stands at the end of each day.

( 1 ) Commission Delegated Regulation (EU) 2022/1855 of 10 June 2022 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council 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 (See page 1 of this Official Journal).