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Article 1 – Data standards and formats of derivative reports ⬅️ | ➡️ Article 3 – Identification of counterparties and other entities
Article 2 - Frequency of reports
1.
All reports of the details of a derivative specified in Article 1 of Commission Delegated Regulation (EU) 2022/1855 shall be provided in the chronological order in which the events pertaining to the information to be reported have occurred.
2.
A CCP, a financial counterparty or a non-financial counterparty as referred to in 2012, which is a counterparty to a derivative, or the entity responsible for reporting, shall report any modification of the details relating to the collateral data in fields 1 to 29 in Table 3 of the Annex to Delegated Regulation (EU) 2022/1855 with action type ‘Margin update’, as those details stand at the end of each day, for that derivative when:
(a)
the derivative has not matured and has not been the subject of a report with the action type ‘Terminate’, ‘Error’ or ‘Position component’ as referred to in field 151 in Table 2 of the Annex; or
(b)
the derivative was subject to a report with action type ‘Revive’ not followed by another report with the action type ‘Terminate’ or ‘Error’ as referred to in field 151 in Table 2 of the Annex.
3.
A counterparty to a derivative referred to in points (a) and (b) of paragraph 2 that is a CCP, a financial counterparty or a non-financial counterparty as referred to in 2012 or the entity responsible for reporting shall report the end-of-day mark-to-market or mark-to-model valuation of the contract in fields 21 to 25 in Table 2 of the Annex to Delegated Regulation (EU) 2022/1855 with action type ‘Valuation update’, as it stands at the end of each day.