With the forthcoming MiFID II/MiFIR framework in Europe, a new type of daily transaction reporting is to be introduced with Article 26 of MiFIR. Despite the fact that firms have the possibility to self-report to their responsible National Competent Authority (NCA), it is expected that the majority of firms will chose to use an Approved Reporting Mechanism (ARM) that is responsible for the final distribution of the data to the relevant NCA.
In this webinar recording:
Experts from SimCorp’s Regulatory Centre of Excellence analyze the situation and outline the architecture of the transaction reporting solution in SimCorp Dimension.
Deutsche Börse Group, with its trade repository, offers an aggregated view of positions in compliance with upcoming regulation, outline the possibilities and challenges in respects to validation, delegated reporting, and reference data.
Carsten Kunkel, Head of SimCorp’s Regulatory Center of Excellence
Axel Schorn, Head of Product Development and Management for Regulatory Services, Deutsche Börse Market Data + Services
Frank Heyder, Business Consultant Principal, SimCorp Regulatory Center of Excellence