Proposed RTS and ITS Metadata URL: https://www.esma.europa.eu/press-news/esma-news/esma-consults-technical-standards-trade-repositories-under-emir-refit Information Provider: ESMATags: Corporate law, European Market Infrastructure Regulation, Financial regulation, Systemic risk, Essential Services Maintenance Act, Government, Law, ArticlesRetrieved on: Friday, March 27, 2020 - 12:06am Content Key Points: Proposed RTS and ITS EMIR as amended by EMIR REFIT contains a series of empowerments for ESMA to develop draft technical standards. In particular, it mandates ESMA to develop: 1. RTS on the procedures to be applied by the TRs to reconcile and validate the data; and 4. Considering the above mandate, ESMA developed the draft technical standards, by either amending the existing provisions or by including new ones stemming from the extended empowerments. Copyright: 2020 ESMA. All Rights Reserved.