The Depository Trust & Clearing Corporation (DTCC) today announced its plans to add a Markets in Financial Instruments Directive/Regulation (MiFID/R) ARM service to its Global Trade Repository (GTR) service in support of evolving transaction and trade reporting requirements.
Subject to regulatory approval, the service is targeted to be launched in the UK by the first quarter of 2026 and in the EU in line with the upcoming regulatory changes.
Once launched, GTR’s MiFID/R capabilities will enable firms to fulfil their transaction reporting obligations under the regulation. Firms will also benefit from ancillary services such as data quality analytics as well as smart tooling to assist with monitoring, controls and exception management.
In addition, the service will include a dedicated back-reporting channel with queuing and in sequence processing to authorities as well as a suite of end-of-day reports to facilitate…
Read More
