The EMIR Refit Playbook

This whitepaper explores how firms are preparing for the upcoming Emir Refit regulation. As with most regulatory mandates, the premise is simple—but the execution is the challenge.

Key findings include: 

  • More than one-third (34%) of respondents reported that they are well into their Emir Refit preparations and that they fully understand the details of the new reporting obligations, while 28% have adopted a “wait-and-see” approach due to what they perceive to be uncertainty around the final implementation date (currently January 2023).
     
  • In terms of the technology and operational challenges firms associate with the Emir Refit, 44% cite understanding how the new reporting obligations will impact their day-to-day operations, while, significantly, 34% see identifying an appropriate technology partner to help them with “heavy lifting” as their primary challenge.