The Financial Services Authority (FSA) in the UK have published the latest Market Watch newsletter on Transaction Reporting Issues which includes:
- An update on the alternative instrument identifier (AII) project (aim of project was to ensure the FSA met all the obligations set out under MiFID for reporting all AII derivative transactions)
- Populating the instrument identification code and instrument identification code type fields
- Transaction reporting - new validation for ISO 10383 market identifier codes
- Transaction reporting forum
- Completing the quantity field for spread bet transactions
- Quality and completeness of transaction reporting
- Unique client identifiers