PIMFA
Transaction Reporting
Transaction reporting is the requirement for firms to report details of financial transactions to regulatory authorities. The purpose of transaction reporting is to;
- Promote transparency
- Monitor market activity
- Prevent financial crime
- Ensure compliance with regulatory requirements
Transaction Reporting is an obligation under MIFID II, and requires reports to be generated containing complete and accurate information on the types of instruments traded, when and how the instruments are traded, and by whom.
- trANSACTION reporting WORKING GROUP
The PIMFA Transaction Reporting Working Group supports members by providing guidance, best practices and regulatory interpretation to address challenges in reporting accuracy, data quality and controls.
- trANSACTION REPORTING ACADEMY
The PIMFA Transaction Reporting Academy (TRA) is an innovative, practical and results-focused learning experience that augments your core reporting skills while deepening your knowledge in key areas of the MiFIR transaction reporting requirements.
Find out more about the academy here.
our latest news
FCA Discussion Paper: Improving the UK Transaction Reporting Regime
February 2025
PIMFA response to DP24/2: Discussion Paper: Improving the UK Transaction Reporting Regime
Read the response here
FCA Issues Landmark Fine Against Infinox Capital for Transaction Reporting Failures
The FCA has fined Infinox Capital Limited £99,200 for failing to submit 46,053 transaction reports under the UK Markets in Financial Instruments Regulation (MiFIR) between October 2022 and March 2023. The failure, which involved contract for difference (CFD) trades executed through a corporate brokerage account, compromised market transparency and risked undetected market abuse. This action underscores the FCA’s commitment to upholding market integrity and ensuring strict compliance with transaction reporting requirements.
Read the FCA press release here
