European MiFID Template (EMT) Version 3
Updated: Sep 25
After many months of work, Version 3.0 of the European MiFID Template (EMT V3) was endorsed as final by the FinDatEx working group in December 2019.
EMT V3 includes a number of significant changes and improvements, compared to prior versions of the template.
Regulatory data managers and reporting specialists are advised to closely review their data prerequisites and report production processes to ensure compliance with the rules of the new template, prior to the cutover deadline of December 2020 indicated by the working group.
We at SEQVOIA have analysed the requirements of EMT V3 and adapted our systems to produce V1 and V3 in parallel during the transition period. We offer this document to any interested party who is currently or shortly will be undertaking the same analysis, and who may benefit from our findings.