This was the first time ESMA found breaches in confidentiality and integrity of EMIR data.
A briefing paper supports alignment of the clearing obligation under the EMIR and MiFID II.
The regulator published its final report on EMIR and SFTR data quality.
The agreement covers US derivatives clearing organizations recognized under EMIR.
By introducing a time limit, the EU is keeping some leverage over the UK.
The joint guidelines aim to facilitate greater standardization in how firms complete certain data fields.
ESMA finds two NCAs lagged behind in integrating Emir data quality controls.
The new connectivity forms part of the vendor's RegTech suite.
ESMA proposals for CCPs may fragment global markets and increase costs.