EMIR Refit is Coming: Don’t Underestimate the Scope of the Changes - Derivsource

EMIR Refit will come into effect in 2024 in both the EU and UK and like many rules rewrites there are significant changes for in-scope firms. Many reporting entities may underestimate just how fundamental many of these regulatory revisions will be to their processes and even their legal agreements. In a Q&A, Sam North, executive director, product management at the Depository Trust & Clearing Corporation’s (DTCC) and Andrew Pinnington-Mannan, head of regulatory practice at DTCC Consulting Services, discuss how trade reporting will change in Europe and how trade repositories can support firms through the transition.