
Article 1 
The information contained in a report under Article 9 of Regulation (EU) No 648/2012 shall be provided in the format specified in the Annex to this Regulation.
Article 2 
Where provided for in Article 11(2) of Regulation (EU) No 648/2012, mark to market or mark to model valuations of contracts reported to a trade repository shall be done on a daily basis. Any other reporting elements as provided for in the Annex to this Regulation and the Annex to the delegated act with regard to regulatory technical standards specifying the minimum details of the data to be reported to trade repositories pursuant to Article 9(5) of Regulation (EU) No 648/2012 shall be reported as they occur and taking into account the time limit foreseen under Article 9 of Regulation (EU) No 648/2012, notably as regards the conclusion, modification or termination of a contract.
Article 3 

1. A report shall use a legal entity identifier to identify:
(a) a beneficiary which is a legal person;
(b) a broking entity;
(c) a CCP;
(d) a clearing member which is a legal person;
(e) a counterparty which is a legal entity;
(f) a submitting entity.
2. Where a legal entity identifier is not available, the report shall include an interim entity identifier as defined at the Union level which is:
(a) unique;
(b) neutral;
(c) reliable;
(d) open source;
(e) scalable;
(f) accessible;
(g) available at a reasonable cost basis;
(h) subject to an appropriate governance framework.
3. Where neither a legal entity identifier nor an interim entity identifier is available, a report shall use a Business Identifier Code in accordance with ISO 9362 where available.
Article 4 

1. A report shall identify a derivative contract using a unique product identifier which is:
(a) unique;
(b) neutral;
(c) reliable
(d) open source;
(e) scalable;
(f) accessible;
(g) available at a reasonable cost basis;
(h) subject to an appropriate governance framework.
2. Where a unique product identifier does not exist, a report shall identify a derivative contract by using the combination of the assigned ISO 6166 ISIN code or Alternative Instrument Identifier code with the corresponding ISO 10962 CFI code.
3. Where the combination referred to in paragraph 2 is not available, the type of derivative shall be identified on the following basis:
(a) the derivative class shall be identified as one of the following:
((i)) commodities;
((ii)) credit;
((iii)) foreign exchange;
((iv)) equity;
((v)) interest rate;
((vi)) other.
(b) the derivative type shall be identified as one of the following:
((i)) contracts for difference;
((ii)) forward rate agreements
((iii)) forwards;
((iv)) futures;
((v)) options;
((vi)) swaps;
((vii)) other.
(c) in the case of derivatives not falling into a specific derivative class or derivative type, the report shall be made on the basis of the derivative class or derivative type that the counterparties agree the derivative contract most closely resembles.
Article 5 

1. Credit derivative and interest rate derivative contracts shall be reported:
(a) by 1 July 2013, where a trade repository for that particular derivative class has been registered under Article 55 of Regulation (EU) No 648/2012 before 1 April 2013;
(b) 90 days after the registration of a trade repository for a particular derivative class under Article 55 of Regulation (EU) No 648/2012, where there is no trade repository registered for that particular derivative class before or on 1 April 2013,;
(c) by 1 July 2015, where there is no trade repository registered for that particular derivative class under Article 55 of Regulation (EU) No 648/2012 by 1 July 2015. The reporting obligation shall commence on this date and contracts shall be reported to ESMA in accordance with Article 9(3) of that Regulation until a trade repository is registered for that particular derivative class.
2. Derivative contracts not referred to in paragraph 1 shall be reported:
(a) by 1 January 2014, where a trade repository for that particular derivative class has been registered under Article 55 of Regulation (EU) No 648/2012 before 1 October 2013;
(b) 90 days after the registration of a trade repository for a particular derivative class under Article 55 of Regulation (EU) No 648/2012, where there is no trade repository registered for that particular derivative class before or on 1 October 2013;
(c) by 1 July 2015, where there is no trade repository registered for that particular derivative class under Article 55 of Regulation (EU) No 648/2012 by 1 July 2015. The reporting obligation shall commence on this date and contracts shall be reported to ESMA in accordance with Article 9(3) of that Regulation until a trade repository is registered for that particular derivative class.
3. Those derivative contracts which were outstanding on 16 August 2012 and are still outstanding on the reporting start date shall be reported to a trade repository within 90 days of the reporting start date for a particular derivative class.
4. Those derivative contracts which:
(a) were entered into before 16 August 2012 and are still outstanding on 16 August 2012: or
(b) were entered into on or after 16 August 2012,
and that are not outstanding on or after the reporting start date shall be reported to a trade repository within 3 years of the reporting start date for a particular derivative class.
5. The reporting start date shall be extended by 180 days for the reporting of information referred to in Article 3 of the delegated act with regard to regulatory technical standards specifying the minimum details of the data to be reported to trade repositories pursuant to Article 9(5) of Regulation (EU) No 648/2012.
Article 6 
This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.
This Regulation shall be binding in its entirety and directly applicable in all Member States.Done at Brussels, 19 December 2012.
For the Commission
The President
José Manuel BARROSO
ANNEX
 Field Format
 Parties to the contract 
1 Reporting timestamp ISO 8601 date format / UTC time format.
2 Counterparty ID Legal Entity Identifier (LEI) (20 alphanumerical digits), interim entity identifier (20 alphanumerical digits), BIC (11 alphanumerical digits) or a client code (50 alphanumerical digits).
3 ID of the other Counterparty Legal Entity Identifier (LEI) (20 alphanumerical digits),interim entity identifier (20 alphanumerical digits),BIC (11 alphanumerical digits) or aclient code (50 alphanumerical digits).
4 Name of the counterparty 100 alphanumerical digits or blank in case of coverage by Legal Entity Identifier (LEI).
5 Domicile of the counterparty 500 alphanumerical digits or blank in case of coverage by Legal Entity Identifier (LEI).
6 Corporate sector of the counterparty Taxonomy:AAssurance undertaking authorised in accordance with Directive 2002/83/EC;CCredit institution authorised in accordance with Directive 2006/48/EC;FInvestment firm in accordance with Directive 2004/39/EC;IInsurance undertaking authorised in accordance with Directive 73/239/EEC;LAlternative investment fund managed by AIFMs authorised or registered in accordance with Directive 2011/61/EU;OInstitution for occupational retirement provision within the meaning of Article 6(a) of Directive 2003/41/EC;RReinsurance undertaking authorised in accordance with Directive 2005/68/EC;UUCITS and its management company, authorised in accordance with Directive 2009/65/EC; orblank in case of coverage by Legal Entity Identifier (LEI) or in case of non-financial counterparties.
7 Financial or non-financial nature of the counterparty F=Financial Counterparty, N=Non-Financial Counterparty.
8 Broker ID Legal Entity Identifier (LEI) (20 alphanumerical digits),interim entity identifier (20 alphanumerical digits),BIC (11 alphanumerical digits) or a client code (50 alphanumerical digits).
9 Reporting entity ID Legal Entity Identifier (LEI) (20 alphanumerical digits),interim entity identifier (20 alphanumerical digits),BIC (11 alphanumerical digits) or aclient code (50 alphanumerical digits).
10 Clearing member ID Legal Entity Identifier (LEI) (20 alphanumerical digits),interim entity identifier (20 alphanumerical digits),BIC (11 alphanumerical digits) or aclient code (50 alphanumerical digits).
11 Beneficiary ID Legal Entity Identifier (LEI) (20 alphanumerical digits),interim entity identifier (20 alphanumerical digits),BIC (11 alphanumerical digits) or aclient code (50 alphanumerical digits).
12 Trading capacity P=Principal, A=Agent.
13 Counterparty side B=Buyer, S=Seller.
14 Trade with non-EEA counterparty Y=Yes, N=No.
15 Directly linked to commercial activity or treasury financing Y=Yes, N=No.
16 Clearing threshold Y=Above, N=Below.
17 Mark to market value of contract Up to 20 numerical digits in the format xxxx,yyyyy.
18 Currency of mark to market value of the contract ISO 4217 Currency Code, 3 alphabetical digits.
19 Valuation date ISO 8601 date format.
20 Valuation time UTC time format.
21 Valuation type M=mark to market / O=mark to model.
22 Collateralisation U=uncollateralised, PC= partially collateralised, OC=one way collateralised or FC=fully collateralised.
23 Collateral portfolio Y=Yes, N=No.
24 Collateral portfolio code Up to 10 numerical digits.
25 Value of the collateral Specify the value the total amount of collateral posted; up to 20 numerical digits in the format xxxx,yyyyy.
26 Currency of the collateral value Specify the currency of field 25; ISO 4217 Currency Code, 3 alphabetical digits.
 Field Format Applicable types of derivative contract
 Section 2a - Contract type  All contracts
1 Taxonomy used Identify the taxonomy used:UProduct Identifier [endorsed in Europe]I = ISIN/AII + CFIEInterim taxonomy 
2 Product ID 1 For taxonomy = U:Product Identifier (UPI), to be definedFor taxonomy = I:ISIN or AII,12 digits alphanumerical codeFor taxonomy = E:Derivative class:COCommodityCRCreditCUCurrencyEQEquityIRInterest RateOTOther 
3 Product ID 2 For taxonomy = UBlankFor taxonomy = ICFI, 6 characters alphabetical codeFor taxonomy = E:Derivative type:CDContracts for differenceFRForward rate agreementsFUFuturesFWForwardsOPOptionSWSwapOTOther 
4 Underlying ISIN (12 alphanumerical digits);LEI (20 alphanumerical digits);Interim entity identifier (20 alphanumerical digits);UPI (to be defined);BBasket;IIndex. 
5 Notional currency 1 ISO 4217 Currency Code, 3 alphabetical digits. 
6 Notional currency 2 ISO 4217 Currency Code, 3 alphabetical digits. 
7 Deliverable currency ISO 4217 Currency Code, 3 alphabetical digits. 
 Section 2b - Details on the transaction  All contracts
8 Trade ID Up to 52 alphanumerical digits. 
9 Transaction reference number An alphanumeric field up to 40 characters 
10 Venue of execution ISO 10383 Market Identifier Code (MIC), 4 digits alphabetical.Where relevant, XOFF for listed derivatives that are traded off-exchange or XXXX for OTC derivatives. 
11 Compression Y = if the contract results from compression; N= if the contract does not result from compression. 
12 Price / rate Up to 20 numerical digits in the format xxxx,yyyyy. 
13 Price notation E.g. ISO 4217 Currency Code, 3 alphabetical digits, percentage. 
14 Notional amount Up to 20 numerical digits in the format xxxx,yyyyy. 
15 Price multiplier Up to 10 numerical digits. 
16 Quantity Up to 10 numerical digits. 
17 Up-front payment Up to 10 numerical digits in the format xxxx,yyyyy for payments made by the reporting counterparty and in the format xxxx,yyyyy for payments received by the reporting counterparty. 
18 Delivery type C=Cash, P=Physical, O=Optional for counterparty. 
19 Execution timestamp ISO 8601 date format / UTC time format. 
20 Effective date ISO 8601 date format. 
21 Maturity date ISO 8601 date format. 
22 Termination date ISO 8601 date format. 
23 Settlement date ISO 8601 date format. 
24 Master Agreement type Free Text, field of up to 50 characters, identifying the name of the Master Agreement used, if any. 
25 Master Agreement version Year, xxxx. 
 Section 2c - Risk mitigation / Reporting  All contracts
26 Confirmation timestamp ISO 8601 date format, UTC time format. 
27 Confirmation means Y=Non-electronically confirmed, N=Non-confirmed, E=Electronically confirmed. 
 Section 2d - Clearing  All contracts
28 Clearing obligation Y=Yes, N=No. 
29 Cleared Y=Yes, N=No. 
30 Clearing timestamp ISO 8601 date format / UTC time format. 
31 CCP ID Legal Entity Identifier (LEI) (20 alphanumerical digits) or, if not available, interim entity identifier (20 alphanumerical digits) or, if not available, BIC (11 alphanumerical digits). 
32 Intragroup Y=Yes, N=No. 
 Section 2e - Interest Rates  Interest rate derivatives
33 Fixed rate of leg 1 Numerical digits in the format xxxx,yyyyy. 
34 Fixed rate of leg 2 Numerical digits in the format xxxx,yyyyy. 
35 Fixed rate day count Actual/365, 30B/360 or Other. 
36 Fixed leg payment frequency An integer multiplier of a time period describing how often the counterparties exchange payments, e.g. 10D, 3M, 5Y. 
37 Floating rate payment frequency An integer multiplier of a time period describing how often the counterparties exchange payments, e.g. 10D, 3M, 5Y. 
38 Floating rate reset frequency DAn integer multiplier of a time period describing how often the counterparties exchange payments, e.g. 10D, 3M, 5Y. 
39 Floating rate of leg 1 The name of the floating rate index, e.g. 3M Euribor. 
40 Floating rate of leg 2 The name of the floating rate index, e.g. 3M Euribor. 
 Section 2f – Foreign Exchange  Currency derivatives
41 Currency 2 ISO 4217 Currency Code, 3 alphabetical digits. 
42 Exchange rate 1 Up to 10 numerical digits in the format xxxx,yyyyy. 
43 Forward exchange rate Up to 10 numerical digits in the format xxxx,yyyyy. 
44 Exchange rate basis E.g. EUR/USD or USD/EUR. 
 Section 2g - Commodities If a UPI is reported and contains all the information below, this is not required unless to be reported according to Regulation (EU) No 1227/2011. Commodity derivatives
General
45 Commodity base AGAgriculturalENEnergyFRFreightsMEMetalsINIndexEVEnvironmentalEXExotic 
46 Commodity details 
GOGrains oilseedsDADairyLILivestockFOForestrySOSofts

OIOilNGNatural gasCOCoalELElectricityIEInter-energy

PRPreciousNPNon-precious

WEWeatherEMEmissions
 
Energy
47 Delivery point or zone EIC code, 16 character alphanumeric code. 
48 Interconnection Point Free text, field of up to 50 characters. 
49 Load type Repeatable section of fields 50-54 to identify the product delivery profile which correspond to the delivery periods of a day;BLBase LoadPLPeak LoadOPOff-PeakBHBlock HoursOTOther 
50 Delivery start date and time ISO 8601 date format / UTC time format. 
51 Delivery end date and time ISO 8601 date format / UTC time format. 
52 Contract capacity Free text, field of up to 50 characters. 
53 Quantity Unit 10 numerical digits in the format xxxx,yyyyy. 
54 Price/time interval quantities 10 numerical digits in the format xxxx,yyyyy. 
 Section 2h - Options  Contracts that contain an option
55 Option type P=Put, C=Call. 
56 Option style (exercise) A=American, B=Bermudan, E=European, S=Asian. 
57 Strike price (cap/floor rate) Up to 10 Numerical digits in the format xxxx,yyyyy. 
 Section 2i - Modifications to the contract  All contracts
58 Action type NNewMModifyEError,CCancel,ZCompression,VValuation update,OOther. 
59 Details of action type Free text, field of up to 50 characters. 