D-40! EMIR Refit becomes effective on April 29.

Factor:y, FinTeX’s regulatory reporting solution is ready, under UAT validation at our clients.

The subject of new fields having been widely covered, we are focusing today on data format changes.

As you all aware, the format of identifiers is now much more restrictive: pure alphanumeric, without any special characters.

You therefore had to deal with managing the history of transactions reported under EMIR.

ESMA lets us use special characters to manage already reported UTIs (field 2.1) during the 180 days transition period.

However, this is not the case for the Collateral Portfolio Code (field 2.27).

If like us, you have special characters in your historical data, it’s time to fix them.

Tell us your issues in the comments, we will be delighted to share our expertise!

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