{"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"current_only","held_since":"2024-02-02","gaps":[],"covered":["ESMA Q&A 2096 — Q&A — Subsidiaries [Question Published] L3"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","release_published":"2026-11-01T16:41:30Z","checked_at":"2026-10-26","checked_against":"the ESMA publication"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/emir/level-3/q-and-a/esma/esma-qa-2096-subsidiaries","url":"https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2096-subsidiaries","title":"ESMA Q&A 2096 — Q&A — Subsidiaries [Question Published]","family":"l3","work_id":"spaces/emir/level-3/q-and-a/esma/esma-qa-2096-subsidiaries","status":"question published","force_status":null,"date_state":"current","requested_date":null,"as_of":"2026-11-01","applies_from":null,"application":null,"version_label":"ESMA Q&A register, 2 February 2024","check":{"against":"the ESMA publication","on":"2026-10-26"},"check_result":"matched","official_url":"https://www.esma.europa.eu/publications-data/questions-answers/2096","valid_from":"0001-01-01","valid_until":null,"revision":1,"content_id":"e210e40982dfd1c2","change_date":null,"nearest_versions":["2024-02-02"],"first_text_date":null,"correction_applies":false,"versions":["2024-02-02"],"version_url":"https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2096-subsidiaries/versions/2024-02-02","revision_url":"https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2096-subsidiaries/versions/2024-02-02/rev/e210e40982dfd1c2","versions_url":"https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2096-subsidiaries/versions","relations_url":"https://www.headlesslaw.com/emir/level-3/q-and-a/esma/esma-qa-2096-subsidiaries/relations","source_line":"Question published in the ESMA Q&A tool · no answer · not legislation [Question Published]","attribution":{"prepared_by":"not stated in the document","published_by":"ESMA","published_in":"ESMA Q&A tool","document_type":"qa_question","legal_nature":"not_legislation","addressees":"not stated in the document","dates":{"question_submitted_on":"2024-02-02","locators":{"question_submitted_on":"ESMA Q&A Excel export ESMA_QA_2096, column 'Date of submission'"}},"adoption":null}},"provenance":{"official_url":"https://www.esma.europa.eu/publications-data/questions-answers/2096","check":{"result":"matched","checked_at":"2026-10-26","against":"the ESMA publication"},"repo_path":"spaces/emir/level-3/q-and-a/esma/esma-qa-2096-subsidiaries.md","body_sha256":"dc105a6cc502fdc89d19891edc66cca881cb282f3badce64de730dd8ee41a9db"},"units":[],"markdown":"---\ntitle: \"ESMA Q&A 2096 — Q&A — Subsidiaries [Question Published]\"\nshortTitle: \"ESMA Q&A 2096 — Q&A — Subsidiaries [Question Published]\"\nanswer_id: ESMA_QA_2096\ntopic: \"* EMIR Reporting\"\nstatus: \"Question Published\"\ntype: qa\ninstrument_type: qa\nauthority: ESMA\nbinding: false\nbinding_character: non_binding\nlegal_status: pending\nregulation: \"EMIR\"\nemir_level3: true\nmica_level2: false\nlegal_basis: \"EMIR\"\ndate: 2 February 2024\nsource_link: https://www.esma.europa.eu/publications-data/questions-answers/2096\nlifecycle: \"Question Published\"\ntext_version: \"ESMA Q&A register, 2 February 2024\"\nsource_url: \"https://www.esma.europa.eu/publications-data/questions-answers/2096\"\ncheck_status: matched\nverified: true\nlast_checked: 2026-10-26\nchecked_against: \"the ESMA publication\"\nsource:\n  prepared_by: \"not stated in the document\"\n  published_by: \"ESMA\"\n  published_in: \"ESMA Q&A tool\"\n  evidence:\n    prepared_by: \"ESMA_QA_2096\"\n    locator: \"ESMA Q&A entry ESMA_QA_2096: no answer; no author named\"\ndocument_type: \"qa_question\"\nlegal_nature: \"not_legislation\"\naddressees: \"not stated in the document\"\ndates:\n  question_submitted_on: \"2024-02-02\"\n  locators:\n    question_submitted_on: \"ESMA Q&A Excel export ESMA_QA_2096, column 'Date of submission'\"\nlifecycle_label: \"Question Published\"\n---\n\n**Question published in the ESMA Q&A tool · no answer · not legislation [Question Published]**\n\n*Question Published · ESMA Q&A register, 2 February 2024 · Checked against the ESMA publication on 26 Oct 2026 · [Official source](https://www.esma.europa.eu/publications-data/questions-answers/2096)*\n\n| | |\n|---|---|\n| **Full title** | ESMA Q&A 2096 — Q&A — Subsidiaries \\[Question Published\\] |\n| **Prepared by** | Not stated in the document |\n| **Published by** | ESMA, in the ESMA Q&A tool |\n| **Reference** | ESMA_QA_2096 |\n| **Document type** | Q&A |\n| **Legal nature** | No answer · not legislation |\n| **Addressees** | Not stated in the document |\n| **Dates** | Question submitted 2 February 2024 |\n| **Legal basis** | EMIR |\n| **Related instruments** | None recorded |\n| **Text on this page** | Word for word — the full text of the ESMA publication |\n\n**Subsidiaries**\n\n### Question\n\nTable 102 of the Guidelines specifies that GLEIF database should be used to determine the access rights of the relevant members of the ESCB, including the ECB in carrying out its tasks within a single supervisory mechanism, when applying the filtering for the fields 2.144 ‘Reference entity’, 1.4 ‘Counterparty 1 (Reporting counterparty’, 1.9 ‘Counterparty 2’, 1.15 ‘Broker ID’ and 1.16 ‘Clearing member’. Should the authorities in question have also access to the derivatives involving subsidiaries of the relevant entities and, if so, how the access rights should be determined?\n\n***\n\n**Source:** [ESMA original document](https://www.esma.europa.eu/publications-data/questions-answers/2096)\n"}