The European Securities and Markets Authority (ESMA) has sent to the European Commission two amendments in relation to draft regulatory technical standards (RTS) on reporting obligations under Article 26 of the Markets in Financial Instruments Regulation (RTS 22).
The amendments concern the identifiers for natural persons that must be used in transaction reports, specified in Annex II of RTS 22. ESMA proposes the following amendments:
- only “CONCAT” codes are to be used for identifying natural persons of German nationality instead of a “personal identity card number” or “national passport number”; and
- the English translation for the Icelandic identifier “Kennitala” is corrected to “Personal Identity Code” from “National Passport Number”.
View ESMA proposes two amendments to natural person identifiers under MiIFD II, 30 June 2016