09/25/2025 | Press release | Distributed by Public on 09/25/2025 07:05
Beyond the changes directly originating from MiFID II - such as the requirement to publish two weekly reports and the exclusion of (spot) emission allowances from position reporting - the updated XML schema and reporting instructions also include other amendments to ITS 4, like the harmonisation of reporting units for energy derivatives.
The adjustments are based on ESMA's Final Report submitted to the European Commission in December 2024, which is currently pending adoption. ESMA has opted for this approach to ensure a consistent reporting framework and minimise the need for frequent updates to the XML schema and instructions.
Next steps
ESMA will start applying the new XML schema and reporting instructions on 1 April 2026. As of that date, reporting entities should only use the latest version 1.2.0.
In case of any technical issues, stakeholders can notify ESMA under [email protected] .
Further information:
Cristina Bonillo
Senior Communications Officer
[email protected]