EMIR Refit will mandate that significant changes be made to the way investment firms currently report their derivatives transactions to the European Securities and Markets Authority (ESMA) in the EU and the Financial Conduct Authority (FCA) in the UK.

The main objective is to bring greater transparency to the derivatives markets by adopting standardized data requirements and increasing alignment across global regimes and jurisdictions.

Arriving with the Refit are new technical standards. Read more about the main challenges and how they are being solved