On 01 March 2019, ESMA registered DTCC Data Repository (Ireland) PLC as a trade repository (TR) under the European Market Infrastructure Regulation (EMIR), with effect from 01 March 2019.
DTCC Data Repository (Ireland) PLC is based in Ireland and will cover the following derivative asset classes:
- foreign exchange
- equities, and
- interest rates.
This registration is part of the DTCC Group strategy in response to a no-deal Brexit. Under this scenario, the UK-based TR of the Group (DTCC Data Repository PLC – DDRL UK) will cease to be registered with ESMA on 30 March 2019 and DTCC Data Repository (Ireland) PLC will be the TR of the Group operating in the EU27.
The press release can be accessed here.
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