Work together for business success
We are a team of specialists in regulatory reporting, working in the field since the early days of the reporting obligations back in 2014. We combine technological expertise in automation with compliance expertise in the regulatory field.
- Since 2014In regulatory reporting from the first obligations
- Two skill setsAutomation and compliance in one team
- Swiss basedHeadquartered in Feusisberg, Switzerland
Reporting from the very first obligations through every change since.
Fully compliant reporting, with minimal effort on your part
- EMIR
- EMIR Refit
- MiFIR
- SFTR
- Others
Value-added services, not transaction fees
We know that the costs of reporting are a burden for financial institutions. We don't believe in making a profit on transaction fees, but on value-added services.
We believe a sustainable business relationship exists when both client and provider can focus on their core activity to reach excellence.
The more you report, the more you pay.
We earn by adding value to your reporting, not by counting it.
A sustainable partnership: each side focuses on what it does best.
Four values behind every report
Reliability
You can count on us for compliant reporting, and for solving any important issue fast.
Dedication
We are committed to delivering what we promised, and delivering it with excellence.
Competence
We know what we are talking about. Regulatory reporting has been our business for years. RegComply brings together compliance, technical and business know-how, and relies on a highly experienced, complete professional team that has worked in regulatory reporting since the early days of the reporting obligations.
- Compliance
- Technical
- Business
Value added
We concentrate on what brings value to our clients.
- Lower total compliance costs
- Full control & transparency
Questions we hear often
Short answers on EMIR reporting: identifiers, scope and what has to be reported.
01What is a UTI?
Standing for Unique Trade Identifier, a UTI is an alphanumeric identifier required for each trade transaction. For EMIR reporting, both counterparties to a transaction need to report the same UTI for their leg of the trade.
02Are Mortgage-Backed Securities (MBS) in scope for EMIR?
As MBSs are a US-centric product, there isn't much discussion about them from ESMA and European regulators, and they don't appear at all in the EMIR guidelines or report formats. Whether they are in scope therefore depends on whether a firm considers them a derivative.
Firms that decide to report them will find no perfect match for Asset Class and Product Type for an MBS under EMIR. A possible solution is the Interest Rate (IR) asset class, which offers more flexibility in available product types, such as Bond Swap.
03Are ISINs needed for non-EU derivatives?
No. EMIR's requirement for ISINs of the derivative's underlying product is limited to cases where an EEA venue or XOFF is listed in the trading venue field.
04What has to be reported?
You must report all derivative contracts. EMIR takes its definition of "derivative contract" from MiFID, which includes:
- Exchange-traded derivatives (ETDs)
- OTC derivatives
- Lifecycle events, such as give-ups and partial terminations
- Modifications to any reported items
- Cancellations arising from errors
- Terminations on a date other than the expected termination date
- Compressions
- Valuation updates and updates to posted collateral (required since 12 August 2014)
05What is an LEI (Legal Entity Identifier)?
A Legal Entity Identifier, or LEI, is a unique code that identifies the parties in a derivatives transaction. You must have an LEI if you have a reporting obligation under EMIR, otherwise you will not be able to submit reports.
Eventually, all parties to derivatives transactions will need an LEI, as every party is detailed in the reports. Today, many organisations can issue an LEI for you, starting with the Trade Repositories.