DTCC’s Dublin-based EU27 trade repository (TR) -- DTCC Data Repository (Ireland) Plc (DDRIE) -- is dedicated to bringing greater transparency, and resultant risk mitigation, along with cost efficiency to the global OTC derivatives market.
DDRIE has been successfully registered by the European Securities and Markets Authority (ESMA) to operate within the EU27 post-Brexit. DDRIE will not become active until Brexit takes effect and GTR uses should therefore continue to report to DTCC Derivatives Repository Plc (DDRL) until such time. Post-Brexit, ESMA authorization of DDRL will be withdrawn and Financial Conduct Authority (FCA) authorization for DDRL to operate in the U.K. will come into effect.
DTCC‘s GTR delivers to market participants a robust automated regulatory reporting solution both OTC Derivatives and Exchange Traded Derivatives (ETD) for both cleared and uncleared contracts. To align with current EMIR regulations, the GTR will support the submission of multiple messages for Common Data, Counterparty date, Valuations and Collateral as well as backload submissions of historical records.
More information on EMIR can be found on the ESMA website - http://www.esma.europa.eu/