MIFIR

Latest information on MIFIR Reporting

General Introduction

Sample

Frequently asked Questions

As an official transmission channel to this reporting type, we will list all the questions we have obtained from our clients and the information we are able to provide either based on the available information or as the CSSF has provided us with a feedback (where indicated)

Question	Fundsquare's statement
Required file format	XML file according to ESMA's specifications
Maximum file size	The regulator currently fixed the limit to 60MB per file, but this is subject to change
Maximum records per file	no limit is known for the moment, the file size is the sole known limit
File naming convention	Under validation, it is currently not known if the CSSF will require a specific naming convention otherwise the naming convention defined by the ESMA will have to be applied
Header Information	The information can be found on page 41 of this document
Business message identifier details	The information can be found on page 41 of this document
File feedback message details	The information can be found on page 27 of this document
Does the feedback message will contain personal information	The file will contain trasnaction information as per XSD
Limits to the number of submissions each day	The file must contain all transactions of the day.
Submission cut-off time	All transactions of a given day must be provided in the file of a given day
How is the transmission of the file to the authority organized?	Fundsquare expects its clients to use the sending service to perform the submission of this reporting. It is directly transmitted to the authority once the sending service has handled the file.