Central Bank clarifies expectations as regards reporting requirements for MiFID investment firms under Article 54 of IFR

MiFID Firms

Date: 01 October 2021

As of 30 September 2021, the European Commission has not yet adopted the implementing technical standards (ITS) that will lay down the rules and format under which firms have to report information required by Article 54 of the EU Investment Firms Regulation (IFR) to the Central Bank.

The Central Bank is therefore requesting that any firms subject to the reporting obligation under Article 54 of the IFR report using the templates in the draft IFR ITS (as set out in the EBA’s Final Report of 5 March 2021 and the associated Annexes available here [https://www.eba.europa.eu/eba-issues-new-supervisory-reporting-and-disclosures-framework-investment-firms]) until the final ITS enter into force.