The FCA announced that they would be putting in place further temporary measures for the reporting of certain fields in UK MiFIR transaction reports.
In addition to the temporary measures for the reporting of the short selling indicator under UK RTS 22 announced in January 2022, the FCA will apply the same temporary measures to the following fields:
- Waiver indicator (field 61)
- OTC post-trade indicator (field 63)
- Commodity derivative indicator (field 64)
- Securities financing transaction indicator (field 65)
The FCA advised until their reviews of these fields are finalised, they will not take action against firms which fail to populate these fields in accordance with requirements. They also do not expect firms to notify us about issues affecting these fields using the errors and omissions notification forms.
