TRN no longer applicable for EMIR reporting
Legal Alert
Tuesday, 11 November 2014 13:08

 

Recent Consultation Paper indicates ESMA has changed its mind as regards concepts important for EMIR reporting, like for instance Transaction Reference Number (TRN) or the possibility to use a client code, e.g. account no. or member id, for customers being individuals who do not have a BIC or LEI.

 

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