Provision and verification of information / Responsibility for unrequested information. The Reporting Participant shall promptly provide ECC with all information not being in ECC’s possession but which is required to conduct the Services in a complete, accurate and timely manner according to EMIR, the Implementing Regulation and the latest procedures, standards and electronic formats published by ESMA. ECC shall not be held responsible for any information directly sent by the Reporting Participant to a Trade Repository or for any other data not stipulated in the Commission Implementing Regulation (EU) 1247/2012 Annex, Table 1, provided by the Reporting Participant for integration into the EMIR Data File. ECC may rely on the data derived from its electronic trading system, clearing system or provided by the Reporting Participant without further investigation. The Reporting Participant is responsible for timely verification of the completeness, accuracy and timeliness of the submission of relevant data to Regis-TR (t+1 reporting). If the Reporting Participant becomes aware of a reporting error, it will notify the ECC without undue delay.
Appears in 3 contracts
Samples: Services Agreement, Services Agreement, Services Agreement
Provision and verification of information / Responsibility for unrequested information. The Reporting Participant shall promptly provide ECC with all information not being in ECC’s possession but which is required to conduct the Services in a complete, accurate and timely manner according to EMIR, the Implementing Regulation and the latest procedures, standards and electronic formats published by ESMA. ECC shall not be held responsible for any information directly sent by the Reporting Participant to a Trade Repository or for any other data not stipulated in the Commission Implementing Regulation (EU) 1247/2012 Annex, Table 1, provided by the Reporting Participant for integration into the EMIR Data File. ECC may rely on the data derived from its electronic trading system, clearing system or provided by the Reporting Participant without further investigation. The Reporting Participant is responsible for timely verification of the completeness, accuracy and timeliness of the submission of relevant data to Regis-TR (t+1 reporting). If the Reporting Participant becomes aware of a reporting error, it will notify the ECC without undue delay. In case of a LEI change, the member needs to inform ECC and inform whether the LEI change has been requested with Xxxxx-XX.
Appears in 1 contract
Samples: Services Agreement