The Transaction Reporting RTS was published in the OJ on Friday March 31st 2017
Members have previously expressed concern about the timing of transaction reporting in relation to the start of SFTR reporting requirements.
The publication makes clear that the reporting of transactions with EU Central Banks is not expected from the implementation date of MiFID II (January 3rd 2018), but is aligned with the start of SFTR reporting requirements. This is clarified in the following text:
Article 17 Entry into force and application This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union. It shall apply from 3 January 2018. However, the second subparagraph of Article 2(5) shall apply 12 months after the date of entry into force of the delegated act adopted by the Commission pursuant to Article 4(9) of Regulation (EU) 2015/2365. 31.3.2017 L 87/460 Official Journal of the European Union EN.
The full RTS text can be found at the link below
ISLA will shortly publish a briefing paper concerning the direct impacts of MiFID II on SFT and will engage with members to seek market consensus or ESMA clarification wherever possible