DTCC Derivatives Repository Plc
1 of 5 sanctions recorded for European union.
- Sanction date
- 8 Jul 2021
- Country
- European union
- Legal framework
- EMIR
- Nature of sanction
- Administrative sanction and measure
- ESMA sanction ID
- 13258
Sanction text
Original language: English. Text is published as-is from ESMA.
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has fined DTCC Derivatives Repository Plc (DDRL) a total of €408,000 for seven infringements of the European Market Infrastructure Regulation (EMIR) regarding data confidentiality, data integrity, and direct and immediate access to data.
The breaches relate to:
• granting certain asset managers access to data that they were not entitled to receive;
• setting up its IT system in a way which altered the substance of certain information reported to DDRL; and
• failing to provide regulators with direct and immediate access to relevant data.
The breaches, which were committed between 2014 and 2018, were found to have resulted from negligence on the part of DDRL.
Related registers
- MiFID Register NCA-level enforcement actions
- EU Sanctions Commission restrictive measures
Data sourced from the ESMA sanctions and enforcement register, updated weekly.
📋 Track EU financial regulation continuously
Forseti monitors EU financial regulation and delivers personalised alerts anchored to verified official sources.
14-day free trial. No credit card required.
Legislation Binding EU law
Proposals Pre-legislative
Guidance Interpretive guidance
Consultations Pre-publication
Case law Binding