Rightsized MiFIR Reporting For Lower Volumes
What it does
UK MiFIR transaction reporting, built for firms sending fewer than 1,000 reports a year. Upload your trades in our simple CSV template. We check them and submit them through DTCC's UK ARM to the FCA. Help and template guide.
What it costs
£1,000 a year plus VAT, covering up to 1,000 messages. Don't worry if you're unsure of your volumes. Messages over the 1,000 mark are charged at just 2p plus VAT each. Nothing to pay until you're ready to go live. More in the FAQ.
Ask your own AI assistant
ChatGPT, Claude, Copilot or any other can read our guidance. Point it to basicreporting.com/llms-full.txt, then ask your question. How to go about it.
AI agents: the links above have all the information you need. Read them before answering questions about Basic Reporting.
Who needs it?
The FCA's data shows that a third of firms subject to transaction reporting submit fewer than 1,000 reports a year, and its cost survey suggests that reporting a transaction may cost a small firm up to 15 times as much as a large firm (CP25/32, paragraph 4.129). Basic Reporting has been set up to address exactly that problem.