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esma65-12-1866_annex_1.1.a_-_description_of_tasks_firds_project.pdf

Here are the key points:

  1. Project 1 - Financial Instruments Reference Data (FIRDS):

    • Collecting/Receiving financial instrument reference data from trading venues, systematic internalisers, and national competent authorities.
    • Establishing arrangements to ensure quality of data received for transaction reporting under Article 26 MiFIR.
    • Processing received data files without delegating collection and distribution to national competent authorities.

  2. FIRDS (transparency calculations):

    • Collecting/Receiving additional financial instrument reference data from trading venues, APAs, CTPs, and national competent authorities.
    • Establishing arrangements to ensure quality of data received for transparency regime calculations.
    • Processing, performing relevant calculations, and publishing information related to transparency regime.

  3. MAR:

    • Collecting/Receiving financial instrument reference data from trading venues and national competent authorities.
    • Establishing arrangements to ensure quality of data received.
    • Delegation of tasks does not affect prompt availability of data required by the NCA for supervisory responsibilities or assuming responsibility for performing tasks delegated.

Note: The delegation of tasks is subject to compliance with EU law.

Published: · Source: ESMA

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