Q&A · ESMA
Position reporting
Answered
Read the official text on the ESMA website(opens in a new tab)AI-generated Summary
Position reports under Article 58(2) MiFID II must identify every client down to the end client, using LEIs for legal persons and passport number or CONCAT for non-EU individuals; this cannot be waived, so a firm whose clients cannot be identified because of non-EU data protection or secrecy laws is not compliant.
Details
| Reference | ESMA_QA_1532 |
|---|---|
| Issuer | ESMA |
| Published | 7 Jul 2017 |
| Answered | 7 Jul 2017 |
| Submitted | 7 Jul 2017 |
| ESMA topics | Position reporting |
| Earlier Q&A document | ESMA 70-872942901-36 Commodity derivatives Q&A, Q&A 4.10 |
Provisions it relates to
- Article 58 MiFID II · Position reporting by categories of position holdersInferred · 95%
- MiFID II (whole act)Explicit reference