II.4.27.

Concerning Section 5 of the market participant registration form, should market participants select themselves as potential RRMs in case they intend to report directly only part of the trade data (OTC contracts) and through third party RRMs the remaining data (standard contracts on organised marketplaces)?

Answer: Yes if the market participant intends to report directly its own data relating to OTC (self-reporting), it should indicate this in section 5 of the registration form and be authorised as a registered reporting mechanisms (RRM) by the Agency in accordance with Article 9a of REMIT.^[12] 

A market participant who does not intend to self-report its data relating to OTC has to indicate which RRM service(s) it intends to use. 

Data related to records of transactions, including orders to trade, that are entered into, concluded or executed at an organised marketplace (OMP) shall be reported to the Agency, via RRM, by the OMP in accordance with Article 8(1a)(a) of REMIT.

[12] By 8 May 2025, the Commission shall adopt a delegated act further detailing the authorisation and supervision of registered reporting mechanisms.