EMIR REFIT, MiFIR, & SFTR require regulated firms to submit transaction reports to a registered Trade Repository (TR) and their National Competent Authorities (NCAs), either directly or via an Approved Reporting Mechanism (ARM), respectively. 

Despite these obligations having been around for some time, several firms are still failing to report accurate information.  

The FCA has incorporated data quality reviews into its supervisory programme by conducting desk-based analyses and on-site inspections of counterparties. Moreover, the FCA repeatedly highlighted the importance of firms having systems and controls in place to ensure their transaction reports are complete and accurate. 

How can we help?

With over 22 years of experience in governance, risk and compliance in the UK’s and EU’s financial services industry, Complyport’s multidisciplinary consulting team together with our technology solutions can help you stay on top of regulatory changes, reduce issues with creating and submitting an accurate report, and lower your overall time spent to meet regulatory obligations. We can help with: 

  • Offering our affiliated regulatory reporting technology provider MAP FinTech to automate the reporting required under EMIR REFIT, MIFIR, and SFTR; 
  • Seamless processing via award winning Polaris technology to efficiently and effectively meet demanding reporting requirements; 
  • Transaction data received on our Polaris platform is processed, enhanced, validated and subsequently submitted in the format prescribed by the TR, ARM, and/or NCA; 
  • A team of specialists will setup the service and provide training on extracting the specific and relevant data needed; 
  • Access to our Polaris portal dashboard to control, manage and monitor transaction reporting across multiple jurisdictions and transaction reporting requirements for EMIR, MiFIR, & SFTR reporting channels all in a single platform 
  • Other technology reporting solutions include: ASIC, MAS, Canada, FATCA, CRS, DAC6 Reporting 
  • Other technology monitoring solutions include: Best Execution Monitoring, Trade Surveillance/Market Abuse Monitoring, KYC & AML Transaction Monitoring; 
  • We support our technology with a team of regulatory consultants: 
    • Offer advice on policies, controls and procedures relevant to transaction and trade reporting; 
    • Offer customised health-check reviews to ensure compliance with transaction reporting and monitoring requirements; 
    • Assist with structuring and carrying out proper reconciliations; 
    • Help you with reporting errors and omissions and setup an adequate remediation plan; 
    • Devise and recommend tailored and practical solutions to support your business 
COntact us for assistance

Please fill our free consultation form and a member of our team will get in contact with you.