Accuracy of transaction reporting 2021 - January 2022

Between 1 January 2021 and 31 December 2021, 716 firms requested at least one transaction reporting data extract from the FCA’s MDP Entity Portal, in accordance with the requirements of RTS 22 Article 15(3) as onshored.

Between 1 January 2021 and 31 December 2021, 1,399 firms were identified as the executing entity in a transaction report. This does not include transaction reports submitted by trading venues under Article 26(5) of UK MiFIR on behalf of firms that are not subject to transaction reporting requirements.

Between 1 January 2021 and 31 December 2021, 385 firms submitted a transaction reporting errors and omissions notification to the FCA, in accordance with the requirements of RTS 22 Article 15(2) as onshored.

Between 1 January 2021 and 31 December 2021, the FCA’s Markets Reporting Team held visits, meetings or conference calls with 35 firms for the specific purpose of discussing transaction reporting under UK MiFIR.