EMIR, MiFIR & SFTR Advisory Support and Health Check Services

Under the regulatory frameworks of EMIR, MiFIR and SFTR, various financial entities, including Investment Firms, Banks and Funds, are obligated to submit detailed reports to Trade Repositories (TRs), Approved Reporting Mechanisms (ARMs) or their respective regulators. The complexity and specificity of these reports require a thorough understanding of the regulations to ensure compliance. In the UK, the Financial Conduct Authority (FCA) has conducted and will likely continue to conduct reviews to assess and enforce compliance, often identifying gaps and deficiencies in the reporting processes.

services

Complyport offers comprehensive advisory support and health check services to help firms navigate and comply with the stringent reporting requirements under EMIR, MiFIR and SFTR. Our services include:

Data Reconciliation: We assist in reconciling back or middle office data with the information reported under EMIR, MiFIR and SFTR, ensuring consistency and accuracy across all reporting regimes.
Field-by-Field Report Review: Our team conducts detailed reviews of reports submitted to TRs, ARMs and NCAs, analysing each field to identify errors and discrepancies.
Identification of Reportable Instruments: Our team conducts detailed reviews of reports submitted to TRs, ARMs and NCAs, analysing each field to identify errors and discrepancies. We help firms accurately identify the instruments that need to be reported under each regulatory framework.
Report Remediation: We provide actionable recommendations to amend and improve reporting styles, addressing any identified issues.
Ongoing Consulting: We offer continuous support and consulting services for any ongoing reporting issues, ensuring your firm remains compliant as regulations evolve.
Custom Reporting Templates: We design and provide customised reporting templates tailored to each firm’s specific needs and reporting obligations.
Gap Analysis for Regulatory Changes: Our team conducts thorough gap analyses to prepare your firm for upcoming changes, such as the transition from EMIR to EMIR-REFIT, ensuring you are ready for new reporting requirements.

Key Benefits

Enhanced Compliance: By leveraging our expertise, firms can significantly improve their compliance with EMIR, MiFIR and SFTR reporting requirements, reducing the risk of regulatory penalties.
Accurate Reporting: Our meticulous review processes ensure that your reports are accurate, complete, and in line with regulatory expectations.
Tailored Solutions: We offer customised services and templates that are specifically designed to meet the unique needs of your firm, providing flexibility and precision in your reporting processes.
Proactive Support: With ongoing consulting and gap analysis, we help your firm stay ahead of regulatory changes, ensuring continuous compliance and operational efficiency.

Our Experts

Our advisory support and health check services are designed to enhance your firm’s compliance, accuracy and readiness for regulatory changes. Partnering with Complyport ensures that your reporting processes are not only compliant but also optimised for efficiency, allowing you to focus on your core business activities with confidence.