Głowacki Law Firm

EMIR: TRN and UTI
Wednesday, 05 March 2014 08:33

 

There is no requirement to ensure that the TRN reported under EMIR has the same value as the Transaction Reference Number reported under MiFID.

 

EMIR contains also a requirement to assign a Unique Trade Identifier (UTI) which is unique but the issues how it should be generated or by whom are not specified legally.

 

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