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---
title: "ESMA Q&A 2811 — Q&A — EMIR Article 7d [Forwarded to EC/Public Consultation/Other]"
shortTitle: "ESMA Q&A 2811 — Q&A — EMIR Article 7d [Forwarded to EC/Public Consultation/Other]"
answer_id: ESMA_QA_2811
topic: "* EMIR Reporting"
status: "Forwarded to EC/Public Consultation/Other"
type: qa
instrument_type: qa
authority: ESMA
binding: false
binding_character: non_binding
legal_status: consultation
regulation: "EMIR"
emir_level3: true
mica_level2: false
legal_basis: "EMIR"
date: 23 March 2026
source_link: https://www.esma.europa.eu/publications-data/questions-answers/2811
lifecycle: "Forwarded to EC/Public Consultation/Other"
text_version: "ESMA Q&A register, 23 March 2026"
source_url: "https://www.esma.europa.eu/publications-data/questions-answers/2811"
check_status: matched
verified: true
last_checked: 2026-10-26
checked_against: "the ESMA publication"
source:
  prepared_by: "not stated in the document"
  published_by: "ESMA"
  published_in: "ESMA Q&A tool"
  evidence:
    prepared_by: "ESMA_QA_2811"
    locator: "ESMA Q&A entry ESMA_QA_2811: no answer; no author named"
document_type: "qa_question"
legal_nature: "not_legislation"
addressees: "not stated in the document"
dates:
  question_submitted_on: "2026-03-23"
  locators:
    question_submitted_on: "ESMA Q&A Excel export ESMA_QA_2811, column 'Date of submission'"
lifecycle_label: "Forwarded to EC/Public Consultation/Other"
---

**Question published in the ESMA Q&A tool · no answer · not legislation [Forwarded to EC/Public Consultation/Other]**

*Forwarded to EC/Public Consultation/Other · ESMA Q&A register, 23 March 2026 · Checked against the ESMA publication on 26 Oct 2026 · [Official source](https://www.esma.europa.eu/publications-data/questions-answers/2811)*

| | |
|---|---|
| **Full title** | ESMA Q&A 2811 — Q&A — EMIR Article 7d \[Forwarded to EC/Public Consultation/Other\] |
| **Prepared by** | Not stated in the document |
| **Published by** | ESMA, in the ESMA Q&A tool |
| **Reference** | ESMA_QA_2811 |
| **Document type** | Q&A |
| **Legal nature** | No answer · not legislation |
| **Addressees** | Not stated in the document |
| **Dates** | Question submitted 23 March 2026 |
| **Legal basis** | EMIR |
| **Related instruments** | None recorded |
| **Text on this page** | Word for word — the full text of the ESMA publication |

**EMIR Article 7d**

### Question

2. Scope of clients covered by Article 7d(1) EMIR

Article 7d(1) also introduces reporting obligations for clients that clear contracts through a CCP recognised under Article 25, but does not further specify the level of the client relationship concerned.

In particular, it is unclear whether the term “clients” in Article 7d(1) should be understood as:

• only direct clients of clearing members; or

• both direct clients and indirect clients (i.e. clients accessing clearing services through intermediaries in a client clearing chain).

2. Which clients are covered by the reporting obligation in Article 7d of EMIR?

***

**Source:** [ESMA original document](https://www.esma.europa.eu/publications-data/questions-answers/2811)