{
  "url": "https://openlegislation.uk/eu-regulation-2016-1712/annex",
  "json_url": "https://openlegislation.uk/eu-regulation-2016-1712/annex.json",
  "legislation": "eur/2016/1712",
  "legislation_title": "Commission Delegated Regulation (EU) 2016/1712 of 7 June 2016 supplementing Directive 2014/59/EU of the European Parliament and of the Council establishing a framework for the recovery and resolution of credit institutions and investment firms with regard to regulatory technical standards specifying a minimum set of the information on financial contracts that should be contained in the detailed records and the circumstances in which the requirement should be imposed (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2016-1712",
  "path": "annex",
  "kind": "annex",
  "number": null,
  "heading": null,
  "text": "The minimum set of the information on financial contracts to be included in the detailed records\nField\nDescription of information to be maintained in detailed records of financial contracts\nSection 1 — Parties to the financial contract\n1\nRecord keeping timestamp\nDate and time of record entry.\n2\nType of ID of the reporting counterparty\nType of code used to identify the reporting counterparty.\n3\nReporting Counterparty ID\nUnique code (Legal Entity Identifier (LEI), where available) identifying the reporting counterparty.\n4\nType of ID of the other counterparty\nType of code used to identify the other counterparty.\n5\nID of the other counterparty\nUnique code (LEI, where available) identifying the other counterparty of the financial contract. This field shall be filled from the perspective of the reporting counterparty. In the case of an individual, a client code shall be used in a consistent manner.\n6\nName of the reporting counterparty\nCorporate name of the reporting counterparty.\nThis field can be left blank where LEI is used to identify the reporting counterparty.\n7\nDomicile of the reporting counterparty\nInformation on the registered office, consisting of full address, city and country of the reporting counterparty.\nThis field can be left blank where LEI is used to identify the reporting counterparty.\n8\nCountry of the other Counterparty\nThe country code of the country where the registered office of the other counterparty is located or, if the other counterparty is a natural person, of the country of residence.\n9\nGoverning law\nIdentify the law governing the financial contract.\n10\nContractual recognition — Write down and conversion powers (only for contracts governed by third country law subject to the requirement of the contractual term under the first subparagraph of Article 55(1) of Directive 2014/59/EU)\nThe contractual term required under Article 55(1) of Directive 2014/59/EU.\nWhen such contractual term is included in a master agreement and applies to all trades governed by that master agreement, it can be recorded at the master agreement level.\n11\nContractual recognition — Suspension of termination rights (only for contracts governed by third country law)\nThe contractual term by which the creditor or party to the agreement creating the liability recognises the power of the resolution authority of a Member State to suspend termination rights.\nWhere such contractual term is included in a master agreement and applies to all trades governed by that master agreement, it can be recorded at the master agreement level.\n12\nContractual recognition — Resolution powers (only for contracts governed by third country law)\nThe contractual term, if any, by which the creditor or party to the agreement creating the liability recognises the power of a Member State resolution authority to apply resolution powers other than those identified in fields 10 and 11.\nWhere such contractual term is included in a master agreement and applies to all trades governed by that master agreement, it can be recorded at the master agreement level.\n13\nCore business lines\nIdentify which core business line or core business lines the financial contract relates to, if any.\n14\nValue of the contract\nMark-to-market valuation of the financial contract, or mark-to-model valuation used in application of Article 11(2) of Regulation (EU) No 648/2012 and reported in application of Article 9 of Regulation (EU) No 648/2012 and delegated and implementing regulations adopted thereunder. The CCP's valuation is to be used for a cleared trade.\n15\nCurrency of the value\nThe currency used for the valuation of the financial contract.\n16\nValuation timestamp\nDate and time of the last valuation.\nFor mark-to-market valuation, the date and time of publishing of reference prices shall be reported.\n17\nValuation type\nIndicate whether valuation was performed mark-to-market or mark-to-model or provided by the CCP.\n18\nCollateralisation\nIndicate whether a collateral agreement between the counterparties exists. Where the financial contract is covered by the reporting requirements under Article 9 of Regulation (EU) No 648/2012 and delegated and implementing regulations adopted thereunder, information on collateralisation shall be provided as required by those requirements.\n19\nCollateral portfolio\nIndicate whether the collateralisation was performed on a portfolio basis. Portfolio means the collateral calculated on the basis of net positions resulting from a set of contracts, rather than per trade.\n20\nCollateral portfolio code\nIf collateral is reported on a portfolio basis, the portfolio should be identified by a unique code determined by the reporting counterparty.\n21\nInitial margin posted\nValue of the initial margin posted by the reporting counterparty to the other counterparty.\nWhere the initial margin is posted on a portfolio basis, this field should include the overall values of the initial margin posted for the portfolio.\n22\nCurrency of the initial margin posted\nSpecify the currency of the initial margin posted.\n23\nVariation margin posted\nValue of the variation margin posted, including cash settled, by the reporting counterparty to the other counterparty.\nWhere the variation margin is posted on a portfolio basis, this field should include the overall value of the variation margin posted for the portfolio.\n24\nCurrency of the variation margin posted\nSpecify the currency of the variation margin posted.\n25\nInitial margin received\nValue of the initial margin received by the reporting counterparty from the other counterparty.\nWhere the initial margin is received on a portfolio basis, this field should include the overall value of the initial margin received for the portfolio.\n26\nCurrency of the initial margin received\nSpecify the currency of the initial margin received.\n27\nVariation margin received\nValue of the variation margin received, including cash settled, by the reporting counterparty from the other counterparty.\nWhere the variation margin is received on a portfolio basis, this field should include the overall value of the variation margin received for the portfolio.\n28\nCurrency of the variation margin received\nSpecify the currency of the variation margin received\nSection 2a — Financial contract type\n29\nType of the financial contract\nClassify the financial contract according to Article 2, paragraph 1, point 100 of Directive 2014/59/EU.\n30\nFinancial contract ID\nUnique trade ID where the financial contract is covered by the reporting requirements under Article 9 of Regulation (EU) No 648/2012 and delegated and implementing regulations adopted thereunder. For any other financial contract, ID assigned by the reporting counterparty.\nSection 2b — Details on the transaction\n31\nEffective date\nDate when obligations under the financial contract come into effect.\n32\nMaturity date\nOriginal date of expiry of the reported financial contract. An early termination shall not be recorded in this field.\n33\nTermination date\nTermination date in the case of an early termination of the reported financial contract.\nIf not different from maturity date, this field shall be left blank.\n34\nTermination right\nIndicate whether the other counterparty's termination right under the reported financial contract is based on the insolvency or financial condition of the institution under resolution.\nWhere such contractual term is included in a master agreement and applies to all trades governed by that master agreement, it can be recorded at the master agreement level.\n35\nMaster Agreement type\nReference to the name of the relevant master agreement, if used for the reported financial contract (e.g. ISDA Master Agreement; Master Power Purchase and Sale Agreement; International ForEx Master Agreement; European Master Agreement or any local master agreements).\n36\nMaster Agreement version\nReference to the year of the master agreement version used for the reported trade, if applicable (e.g. 1992, 2002, etc.).\n37\nNetting agreement\nIf the financial contract is a part of a netting arrangement as defined in Article 2(1)(98) of Directive 2014/59/EU, a unique reference of the netting arrangement.\n38\nType of liability/claim\nIndicate whether liabilities arising from the financial contract are:\nentirely excluded from bail-in pursuant to Article 44(2) of Directive 2014/59/EU;\npartially excluded from bail-in pursuant to Article 44(2) of Directive 2014/59/EU;\nnot excluded from bail-in pursuant to Article 44(2) of Directive 2014/59/EU.\nSection 2c — Clearing\n39\nClearing obligation\nIndicate whether the reported financial contract belongs to a class of OTC derivatives that has been declared subject to the clearing obligation and both counterparties to the contract are subject to the clearing obligation under Regulation (EU) No 648/2012, as of the time of execution of the financial contract.\n40\nCleared\nIndicate whether clearing has taken place.\n41\nClearing timestamp\nTime and date when clearing took place.\n42\nCCP\nIn the case of a financial contract that has been cleared, the unique code for the CCP that has cleared the financial contract.\n43\nIntragroup\nIndicate whether the financial contract was entered into as an intragroup transaction, defined in Article 3 of Regulation (EU) No 648/2012.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2016/1712/annex",
    "retrieved_at": "2026-11-01T14:45:32.294537+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}