EMIR Trade Reporting Service
From 12 February 2014, entities incorporated within the EU have been required to report certain information related to derivative transactions they enter into, to an authorised trade repository under EMIR requirements.
Since 1 January 2021, and the end of the transition period following the UK’s exit from the EU, the EMIR requirements have been on-shored into UK law and continue to apply directly to entities incorporated in the UK under the UK EMIR regime. Reporting must occur no later than the end of the business day following the execution, modification or termination of such transactions.
We understand that this requirement may present challenges for some of our clients. Therefore, to help you meet your reporting obligations, we have established a delegated trade reporting service under which we will report certain derivative transactions on your behalf, including back loading.
It is important to note that although you are able to delegate reporting to us or another party, you remain responsible for your own compliance with any applicable EMIR requirements including the timeliness and accuracy of the trade reporting.
Since 18 June 2020 a rule change known as EMIR Refit has moved the responsibility of reporting for clients classified as NFC- to the financial institutions they are trading with. Please note from 1 January 2021 NFC- clients will still need a delegated reporting agreement in place for NatWest Markets to report on their behalf if they are either:
- A EU/EEA NFC- entity facing NatWest Markets PLC (a UK company)
- A UK NFC- entity facing NatWest Markets N.V. (a Netherlands/EU company).
How to sign up
You will need to complete the following steps to sign up for our delegated reporting service:
1. Complete and submit the registration form
To avoid any delay in set up, please ensure all fields are completed.
2. Complete and return our Terms and Conditions of use
Please download, review and complete the relevant Terms and Conditions of Use, filling in relevant address and account information.
3. Sign and return forms
Once complete, please sign and return them by email or posting a physical copy to:
NatWest Markets Plc
c/o EMIR Client Trade Reporting
250 Bishopsgate, 4th floor
London, EC2M 4AA
Important note: We also require you to return proof of authority to sign on behalf of all relevant entities, along with the Terms and Conditions of Use. Please also remember to retain a copy of the Terms and Conditions of Use for your records.
For more information on trade reporting and our delegated reporting service please see our FAQ section.
If you require further information or assistance please email us at:
No representation, warranty, or assurance of any kind, express or implied, is made as to the accuracy or completeness of the information contained in this document and no member of the NatWest Group accepts any obligation to any recipient to update or correct any information contained herein. The information in this document is published for information purposes only and does not constitute an analysis of all potentially material issues. Views expressed herein are not intended to be and should not be viewed as advice or as a recommendation. You should take independent advice in respect of issues that are of concern to you.
NatWest Markets Plc registered in Scotland No. 90312. Registered Office: 36 St Andrew Square, Edinburgh EH2 2YB. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. NatWest Markets N.V. is authorised and regulated by De Nederlandsche Bank and the Autoriteit Financiële Markten. It has its seat at Amsterdam, the Netherlands, and is registered in the Commercial Register under 33002587. NatWest Markets Plc is in certain jurisdictions an authorised agent of NatWest Markets N.V. and NatWest Markets N.V. is in certain jurisdictions an authorised agent of NatWest Markets Plc.
In Hong Kong, NatWest Markets Plc and NatWest Markets N.V. are authorised and regulated by the Hong Kong Monetary Authority and the Hong Kong Securities and Futures Commission. In Singapore, NatWest Markets Plc Singapore branch [UEN: S85FC3595J] is authorised and regulated by the Monetary Authority of Singapore. In Japan, NatWest Markets Securities Japan Limited Tokyo Branch [Kanto Financial Bureau (Kin-sho) No.202] is authorised and regulated by the Japan Financial Services Agency. In Australia, NatWest Markets is exempt from the requirement to hold an Australian financial services license in respect of the financial services it provides, and it is authorised by the PRA and regulated by the FCA and PRA under UK laws, which differ from Australian laws. The financial instruments described in this document are made in compliance with an applicable exemption from the registration requirements of the US Securities Act of 1933. In the United States, securities activities are undertaken by NatWest Markets Securities Inc., a FINRA registered broker-dealer (www.finra.org), a SIPC member (www.sipc.org) and a wholly owned indirect subsidiary of NatWest Markets Plc.