Please insert at least 3 characters

FAQs on transaction reporting – Question II.2.1.28

Data Field (31)

Is it okay for us to flag the transaction on the AdditionalUtiInfo field, which means that:

If a trade is a cross border trade with the Swiss market then we integrate in the AdditionalUtiInfo field the EIC code of Swissgrid in the part of the trade that we will report, right?


Answer:

If a trade is a cross border trade between an EU market and the Swiss market (or any other non-EU market) then the Organised Market Place (OMP) may report the EIC Y code for the non-EU country delivery point.  The AdditionalUtiInfo field can be used to report the EIC Y code of the non-EU country.

Please note that the reporting of EIC Y code for the non-EU country delivery point is not a REMIT requirement. The Agency is aware that REMIT market participants reporting trades (executed on OMPs) through third parties may not possess this information and may therefore not be able to report the EIC Y code for the non-EU country delivery point.

Last update: 16/11/2015   RSS_Icon Subscribe to this Page’s RSS