New Workshop Announced: Navigating the Revised EMIR REFIT - Ensuring Compliance with UK & EU Regulations

Apr 15

On the 7th of July, Pico Analytics CEO Subbu Loganathan will be holding a new workshop on Navigating the Revised EMIR REFIT - Ensuring Compliance with UK & EU Regulations - MBL Seminars. To secure your place - please book here.

The revised EMIR REFIT reporting regime introduces significant changes for UK (FCA) and EU (ESMA) regulatory compliance, impacting trade reporting accuracy, backloading, and data governance.

This full-day virtual classroom session equips regulatory reporting teams with actionable insights into the new requirements, including transaction scope, counterparty classifications, critical data fields, and validation rules.

Through case studies, interactive exercises, and expert guidance, you will learn to navigate backloading challenges, avoid common reporting failures, and implement best practices for data completeness. Designed for investment firms facing EMIR REFIT regulatory requirements, this session ensures teams can align with regulatory expectations, optimise reporting workflows, and mitigate compliance risks in today’s landscape.

What You Will Learn

This live and interactive course will cover the following:

1. Introduction & Regulatory Context

Overview of EMIR REFIT: Key UK vs. EU changes

2. Scope & Requirements

New asset classes (crypto derivatives, sustainability-linked swaps); OTC vs. ETD reporting and lifecycle event reporting; counterparty data (LEI, SFC classification, intragroup exemptions)
Case study: Non-EEA counterparty classification

3. Accuracy & Completeness

Critical Data Fields (CDFs) and validation rules; common reporting errors (e.g., mismatched UTIs, timestamps); reconciliation best practices
Exercise: Identifying errors in sample reports

4. Backloading Challenges

Reporting open trades under new frameworks; issues: Missing UTIs, data gaps, delegated reporting
Case study: Backloading challenges and lessons from a major bank

5. Technology & Operational Readiness

System upgrades (ISO 20022, API integrations); vendor solutions (UnaVista, DTCC, REGIS-TR); testing with regulators (FCA/ESMA sandbox); managing data mismatches and exceptions in reporting

6. Q&A & Horizon Scanning

Regulatory Q&A: FCA/ESMA focus areas; global compliance roadmap: MIFID III, APAC, and US updates

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.