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---
title: "ESMA Q&A 1712 — Q&A — Transaction reporting [Answer Published]"
shortTitle: "ESMA Q&A 1712 — Q&A — Transaction reporting [Answer Published]"
answer_id: ESMA_QA_1712
topic: "* Transaction reporting"
status: "Answer Published"
type: qa
instrument_type: qa
authority: ESMA
binding: false
binding_character: non_binding
legal_status: in_force
regulation: "MiFIR"
mifir_level3: true
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legal_basis: "MiFIR"
date: 14 December 2017
source_link: https://www.esma.europa.eu/publications-data/questions-answers/1712
lifecycle: "Answer Published"
text_version: "ESMA Q&A register, 14 December 2017"
source_url: "https://www.esma.europa.eu/publications-data/questions-answers/1712"
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---

**Answer by ESMA, published in its Q&A tool · not legislation · published 14 Dec 2017 [Answer Published]**

*Answer Published · ESMA Q&A register, 14 December 2017 · Checked against the ESMA publication on 26 Oct 2026 · [Official source](https://www.esma.europa.eu/publications-data/questions-answers/1712)*

| | |
|---|---|
| **Full title** | ESMA Q&A 1712 — Q&A — Transaction reporting \[Answer Published\] |
| **Prepared by** | ESMA |
| **Published by** | ESMA, in the ESMA Q&A tool |
| **Reference** | ESMA_QA_1712 |
| **Document type** | Q&A |
| **Legal nature** | Not legislation |
| **Addressees** | Not stated in the document |
| **Dates** | Published 14 December 2017; question submitted 14 December 2017 |
| **Legal basis** | MiFIR |
| **Related instruments** | None recorded |
| **Text on this page** | Word for word — the full text of the ESMA publication |

**Transaction reporting**

### Question

Are transactions executed through non-EU branches of EU investment firms subject to transaction reporting under Article 26 of MiFIR?

***

### Answer

\[ESMA 70-1861941480-56 MiFIR data reporting Q&A, Q&A 24.12\]

Yes, transactions executed through non-EU branches of EU investment firms are subject to transaction reporting under Article 26 of MiFIR since a branch has no legal personality and is part of the investment firm according to Article 4(1)(30) of MIFID II. This requirement applies to transactions executed in financial instruments specified in Article 26(2) of MiFIR. The transaction reports should be sent to the competent authority of the home Member State of the investment firm following Article 14 of the RTS 22 and the branch should be identified with the LEI of its head office even if it may be considered eligible for an LEI in some cases (see first paragraph, point 5.5 of the ESMA Guidelines on Transaction Reporting).

***

**Source:** [ESMA original document](https://www.esma.europa.eu/publications-data/questions-answers/1712)