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Top 5 MiFID II Transaction Reporting Errors

Introduction MiFID II transaction reporting, governed under MiFIR, has been in place for several years.  Most firms now operate established processes aligned with MiFID II requirements, with systems that consistently submit reports on time.  However, regulatory focus has shifted beyond submission.  Supervisors now expect firms to demonstrate the accuracy of every reported field and clearly explain how each data point was sourced, calculated, validated, …

EMIR Refit Reconciliation Phase II (Effective 27 April 2026)

Executive Summary  EMIR Refit Reconciliation Phase II significantly tightens EU trade reporting controls. Trade repositories (TRs) will expand the number of reconcilable fields from 87 to 148, adding 61 Table 2 data points and increasing the importance of daily valuation data.  ESMA’s framework also requires TRs to:  Reconcile only the latest end-of-day trade state Assess …

Reg-X Named Top 15 Transaction Reporting Leader

Reg-X Named Top 15 Transaction Reporting Leader: What It Signals for Transaction Reporting in 2026 A-Team Insight has named Reg-X one of Europe’s 15 Regulatory Transaction Reporting Leaders for 2026, shortlisted for the RegTech Insight Awards in the Best Transaction Reporting System category.  We’ll take it. But more than the recognition itself, we think the timing says something worth …

remit ii timeline

The Evolving REMIT II Timeline and What It Means for Market Participants Introduction The REMIT II timeline has been a major topic across the energy trading and regulatory landscape, but as many firms have noticed, timelines have shifted. Back in October 2025, we shared our expectations around the upcoming REMIT II changes. Now, nearly six …

Derivatives reporting transformation

The Next Wave in Derivatives Reporting Why simplification, digitisation, and supervisory technology are no longer optional Last week in London, regulators, market participants, and market infrastructure providers came together to discuss the future of derivatives reporting. While the conversations covered a wide range of regulatory and operational topics, one message came through loud and clear: …

emir refit

EMIR Refit: The Growing Challenges of EMIR Delegated Reporting Delegated reporting has long been a common route for asset managers, relatively smaller banks and financial market entities to access derivatives markets efficiently. Under EMIR Refit, many firms continue to rely on executing brokers or counterparties to fulfil their reporting obligations.However, regulatory guidance from ESMA and …

SFTR

In time for Christmas, a look back at SFTR during 2025 It would be easy to dismiss 2025 as a non-event, but as the days grow short and the multicoloured decoration lights take over from the flashing onscreen stock tickers, maybe it’s a good time to reflect on our regulatory ghosts Christmas past. January 2025: …

100% ack rate

100% ACK Rate Achieved: Delivering Accuracy and Confidence in Every Report A Milestone in Regulatory Reporting We are proud to share that Reg-X has achieved a 100% ACK rate across both ASIC and South Korea regulatory reporting regimes. This result represents more than just a technical accomplishment. It reflects the strength of our reporting framework, …

EMIR 3.0

EMIR 3.0: Strengthening EU Market Infrastructure and Transparency The European Market Infrastructure Regulation (EMIR 3.0) marks one of the most comprehensive updates to the EU derivatives clearing framework since EMIR was first introduced in 2012. Born out of lessons from Brexit and growing global market dependencies, EMIR 3.0 is designed to enhance resilience, transparency, and …

sec 10c-1a

Understanding SEC 10c-1a and Preparing for SLATE Reporting The SEC 10c-1a rule introduces a significant change to the US securities lending landscape. Brought forward by the US Securities and Exchange Commission (SEC), this regulation aims to improve transparency and efficiency in the securities lending market. Under SEC Rule 10c-1a, all lenders, broker-dealers, and intermediaries must …