Brussels, 8 November 2017 |The European Federation of Energy Traders (EFET), FIA, Europex and LEBA are pleased to present the common EFET-FIA ITS4 schema for position reporting under the recast Markets in Financial Instruments Directive (MiFID II). The schema is available here: http://www.efet.org/Files/Documents/Market%20Supervision/MiFID%20II/Enhanced%20ITS4 %20schema_25092017_Definitive.zip.
The EFET-FIA ITS4 schema is the result of close cooperation between EFET, FIA, Europex, LEBA and a number of trading venues. It builds upon the schema developed by the UK Financial Conduct Authority (FCA) on the basis of Implementing Technical Standard 4 (ITS4) drafted by the European Securities and Markets Authority (ESMA) and adopted by the Commission earlier this year. The UK FCA schema is designed for the reporting of positions by trading venues to the National Competent Authority (NCA). The EFET-FIA schema complements this format with some additional fields to allow for the delivery of supplementary information from market participants to the trading venues, which are subject to the position reporting obligation.
Please read the full statement below.