Emir flaws could see futures reporting delayed till 2015

The European Securities and Markets Authority (Esma) has confirmed it is considering pushing back its trade reporting deadline for exchange-traded derivatives until as late as January 2015, in order to give firms more time to adapt the reporting framework to futures and options products.

The reporting regime, which requires firms to submit detailed counterparty and valuation data for all trades, is designed to give the regulator a snapshot of positions across the market, but critics say the rule