Barclays EMIR Client Delegated Reporting

16 May 2025

Barclays’ list of known EMIR Reporting errors (timeliness, completeness and accuracy) that may impact Barclays’ delegated trade reporting service are listed below.
Please note that the Barclays Client Portal captures issues discovered by Barclays within the last 4 weeks.

 

Field Name Description
Barclays' Significant Impact as per Article 9 This indicates significant issues which we will notify to Barclays’ NCA via Error and Omissions Process
Reference ID This is an internal Barclays Reference, please quote this if you require any further information on this issue
Status This will identify any new, open or closed issues
Field Impacted field
Summary Description of issue
Regulatory Body Impacted Regulatory Body
Asset Class(es) Asset Classes impacted
Regulatory Risk Estimated % impact on overall trade volume (High >5%, Medium 1-5%, Low <1%)
Reporting Impact Accuracy, Completeness or Timeliness issue
Publication Date Date added to Portal

Internal – Transaction Reporting

Barclays' Significant Impact as per Article 9 Reference ID Status Field Summary Regulatory Body Asset Class(es) Regulatory Risk Reporting Impact Publication Date
Yes TTRT-47662 Open Price We are currently misreporting the Price for swaps relating to Equities and Contracts for Difference. Previously, the industry had agreed to use average cost price, but Article 6 of the Reporting Technical Standards confirms that all parties should be utilising the initial price. EU EMIR
UK EMIR
Equities High Accuracy 8 November 2024
No TTRT-161245 New PTRR Following onboarding to the Barclays CDR service, when attempting to back report legacy IR trades for clients (executed prior to Refit), we receive rejections relating to missing PTRR data. EU EMIR
UK EMIR
Cross Asset Low Accuracy 16 May 2025
No TTRT-161186 New PTRR Rejecting Exited trades due to missing PTRR information, leading to overreporting. EU EMIR
UK EMIR
Credit, Rates Low Completeness 16 May 2025
No TTRT-161031 New UTI For Client Clearing trades, the CCP UTI is erroneously being used for the bilateral leg of the trade, in addition to the CCP leg of the trade. EU EMIR
UK EMIR
Credit Low Completeness 16 May 2025
No TTRT-160900 Open Entity Responsible for Reporting For a sub population of trades, it has been noted that the field 'Entity Responsible for Reporting' (ERR) is being misreported on the EOD (VALU) reports. EU EMIR
UK EMIR
Equities Low Accuracy 8 May 2025
No TTRT-160851 Open Collateral Portfolio Indicator & Collateral Portfolio Code For Prime Brokerage accounts, which have both CFD and non CFD products included in the collateral portfolio, we are misreporting both collateral portfolio indicator & collateral portfolio code. We are also under-reporting MARU submissions for the related portfolios on the MSR. EU EMIR
UK EMIR
Equities Low Completeness 8 May 2025
No TTRT-160163 Open Expiration Date We are currently receiving Rejections from DTCC where the Event date should be equal to the Early Termination Date when we are sending Action Type 'TERM’. EU EMIR
UK EMIR
Credit Low Completeness 1 May 2025
No TTRT-159930 Open Broker ID For FX trades executed via FX Connect platform, Barclays are incorrectly reporting “Broker ID” field populated with State Street LEI (I1NPP4LGGOKPRU3MI467). EU EMIR
UK EMIR
FX Low Accuracy 25 April 2025
No TTRT-159517 Open Nature, Corporate Sector, Clearing Threshold and Reporting Obligation of the counterparty 2 We are misreporting the Nature, Corporate Sector, Clearing Threshold and Reporting Obligation of the counterparty 2, where party 2 is country is British Overseas Territory. UK EMIR Cross Asset Low Accuracy 17 April 2025
No TTRT-159444 Open UTI Report submitted without UTI, where Barclays is not the UTI generating party, resulting in rejections. EU EMIR, UK EMIR FX Low Completeness 17 April 2025

Disclaimer

Whilst you have appointed Barclays to carry out trade reporting on your behalf, pursuant to the provisions of UK EMIR and/or EU EMIR, you retain responsibility for ensuring that any reports submitted are accurate, and to check them for completeness. Clients with DTCC accounts are able to log on to check their trade reports have been submitted accurately. We encourage you to do this, and to let us know if you believe there are any errors in the reporting of your trades by contacting emirdelegatedreporting@barclays.com. For clients who have not previously opened a DTCC account please contact 'GTR Support' for service information and registration details. Further DTCC information on onboarding options for prospective clients can be found at: www.dtcc.com.

Barclays is unable to provide you with advice and, as a result, you should ascertain, using such advice as you deem necessary, your own regulatory obligations, including whether you should be notifying your local regulator of any errors which may have a material impact on your trade reporting. Whilst Barclays is liaising with its relevant regulatory authorities regarding its own trade reporting obligations, this will not extend to your own trade reporting obligations.

© Barclays Bank PLC 2025.