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ARTICLE · 21 APRIL 2015

European Securities And Markets Authority Announces Centralized Data Projects

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ESMA has agreed to develop the centralized data solutions following requests from EU national regulators.

European UnionFinance and Banking
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On April 1, 2015, the European Securities and Markets Authority announced the launch of two centalized data projects relating to obligations under the European Market Infrastructure Regulation, the Markets in Financial Instruments Regulation and the Market Abuse Regulation.

The projects are:

  • The Instrument Reference Data Project which will provide a central facility for instrument and trading data and the calculation of transparency and liquidity thresholds. This facility is expected to go live in early 2017.
  • The Trade Repositories Project which will provide a single access point to trade repository data under EMIR. This data facility is expected to go live in 2016.

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