Q&A · ESMA
Transaction reporting
Answered
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ESMA works through transaction reporting where a bank has outsourced discretionary portfolio management to another investment firm that does not meet the transmission conditions, showing how the executing broker, the bank and the portfolio manager each report the buyer, seller, decision maker (field 12), investment decision (field 57) and execution within the firm (field 59, 'NORE').
Details
| Reference | ESMA_QA_1707 |
|---|---|
| Issuer | ESMA |
| Published | 17 Nov 2017 |
| Answered | 17 Nov 2017 |
| Submitted | 17 Nov 2017 |
| ESMA topics | Transaction reporting |
| Former reference | ESMA70-1861941480-56 Questions and Answers on MiFIR reporting |
| Earlier Q&A document | ESMA 70-1861941480-56 MiFIR data reporting Q&A, Q&A 24.7 |
Provisions it relates to
- Article 26 MiFIR · Obligation to report transactionsInferred · 90%
- MiFIR (whole act)Explicit reference