ESMA_QA_1507
11/07/2022
View PDF View Excel
Subject Matter
Reporting of Emission Allowances
In case of phase 4 emission allowances or derivatives thereof reported with an ISIN which is different from the ISIN displayed on the European Commission website,
a) should trading venues and SIs amend the record in FIRDS with the correct ISIN displayed on the European Commission’s website?
b) how should trading venues amend the record concerning phase 4 emission allowances in FIRDS with the correct ISIN displayed on the European Commission’s website?
c) how should trading venues and SIs amend the record concerning futures on phase 4 emission allowances in FIRDS with the correct ISIN displayed on the European Commission’s website?
ESMA Answer
11-07-2022

[ESMA 70-1861941480-56 MiFIR data reporting Q&A, Q&A 19.2]

  1. Yes
  2. Trading venues that previously submitted phase 4 emission allowances with a different ISIN in FIRDS (i.e. not the EU ISIN for phase 4) should: 
    1. Terminate the incorrect  phase 4 emission allowances in FIRDS, and
    2. Resubmit in FIRDS the phase 4 emission allowance with the ISIN for phase 4 (i.e. EU000A2QMW50 or EU000A2QMW68) displayed by the European Commission.            
  3. Trading venues and SIs that previously submitted futures on phase 4 emission allowances with a different underlying ISIN (i.e. not the EU ISIN for phase 4) as underlying should:
    1. Terminate the future in FIRDS, and
    2. Resubmit in FIRDS the future on phase 4 emission allowance with the ISIN of the phase 4 emission allowances as underlying (i.e. EU000A2QMW50 or EU000A2QMW68) displayed by the European Commission.   
Status: Answer Published

Additional Information

Level 1 Regulation
Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- MDP
Topic
ESMA70-1861941480-56 Questions and Answers on MiFIR reporting