Regulatory reporting executives were surveyed on their preparations for EMIR Refit and experiences with other trade reporting regulations. Read the new study to find out how capital markets firms are approaching the EMIR Refit reporting requirements that are expected to come into force in the first half of 2024.

Some key findings of the study include:

• EMIR Refit will strain resources, with concerns that both budget and staffing issues will challenge some firms’ capacity to comply
• The increase in data fields and fields for mandatory matching will make reconciliation a major issue for firms 
• The experience of implementing previous regulatory reporting regimes is driving greater engagement with, and higher expectations of, third-party solution suppliers and professional services providers that can help address EMIR Refit requirements