IDEAS home Printed from https://ideas.repec.org/a/aza/jsoc00/y2015v7i4p348-354.html
   My bibliography  Save this article

The drivers behind the reporting obligations of EMIR, MiFIR and SFTR

Author

Listed:
  • Jardelot, Julien
  • Mitov, Martin

Abstract

The 2008 financial crisis revealed a lack of transparency in certain financial markets and consequently the need to improve their monitoring and regulation. This includes over-the-counter (OTC) derivatives and securities financing markets, both of which proved to be opaque and subject to ineffective supervision. As a result, the G20 called for more transparency for regulators, but also for market participants and the public, especially in the area of over-the-counter (OTC) derivatives and securities financing transactions (SFTs). These reforms came on top of the existing reporting requirements in the European Union (EU), mainly under the Markets in Financial Instruments Directive (MiFID), which requires the reporting of transactions on financial instruments admitted to trading on a regulated market. This paper shows how G20 commitments have been or are being implemented in the EU, bringing transparency to OTC derivatives, securities financial markets and other financial transactions alike. It also analyses how EU legislation is calibrated to avoid duplicative requirements to the extent feasible.

Suggested Citation

  • Jardelot, Julien & Mitov, Martin, 2015. "The drivers behind the reporting obligations of EMIR, MiFIR and SFTR," Journal of Securities Operations & Custody, Henry Stewart Publications, vol. 7(4), pages 348-354, September.
    • Handle: RePEc:aza:jsoc00:y:2015:v:7:i:4:p:348-354
    as

    Download full text from publisher

    File URL: https://hstalks.com/article/3818/download/
    Download Restriction: Requires a paid subscription for full access.
    File URL: https://hstalks.com/article/3818/
    Download Restriction: Requires a paid subscription for full access.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    transparency; OTC derivatives; securities financing transactions; reporting requirements;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aza:jsoc00:y:2015:v:7:i:4:p:348-354. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Henry Stewart Talks (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.