Reporting Services
MiFID II Transaction Reporting requires investment firms to report complete and accurate details of their transactions to their competent authorities, no later than the close of the following working day.
While trade reporting focuses on ensuring transparency and fairness in the market, transaction reporting is primarily used to detect and prevent market abuse, meaning there's a greater emphasis on the client behind the transaction, as well as anyone working on behalf of the client.
AFS Group and subsidiaries report their transaction under the MIFID II regulation. AFS Group also offer transaction reporting as a service that allows clients to report their transactions in Financial Instruments as per the requirements of the Markets in Financial Instruments Regulation (MiFIR, Article 26) to the National Competent Authority (NCA), either directly or through an Approved Reporting Mechanism (ARM).