supplementing Regulation (EU) 600/2014 of the European Parliament and of the Council as regards OTC derivatives identifying reference data to be used for the purposes of the transparency requirements laid down in Article 8a(2) and Articles 10 and 21

This regulation specifies the reference data for over-the-counter (OTC) derivatives that must be reported to ensure transparency in financial markets. It aims to improve market oversight and reduce systemic risk.

Financial counterparties and investment firms will be affected. They must provide specific data on derivatives to regulators, enhancing the monitoring of financial activities and compliance with transparency rules.