DTCC Launches EU-MiFID Approved Reporting Mechanism

The Depository Trust & Clearing Corporation (DTCC) has launched its EU Markets in Financial Instruments Directive (MiFID) Approved Reporting Mechanism (ARM), an end-to-end transaction reporting solution designed to improve reporting accuracy and support more efficient compliance.

Built on a cloud-native platform, the EU-MiFID ARM is intended to help firms simplify complex reporting workflows, improve data quality and gain greater confidence in their regulatory reporting. The solution combines a dedicated 24/7 back-reporting channel, advanced error correction capabilities and integrated data analytics.

The launch follows DTCC’s UK MiFID ARM, introduced in May 2026. The new EU-MiFID ARM expands DTCC’s suite of global regulatory reporting solutions, allowing access to both ARMs and DTCC’s Global Trade Repository service (GTR) through a single-sign-on portal. DTCC’s ARM solutions include dashboards and reporting tools that provide near real-time visibility into submission status, exceptions and data quality, as well as insights, trend analysis and anonymized peer comparison data to support issue prioritization and remediation.

Michele Hillery, Managing Director and Head of Repository and Derivatives Services at DTCC, said that as regulatory expectations evolve, European firms are looking for a trusted partner to help them navigate changes while improving reporting quality. She added that the EU-MiFID ARM extends DTCC’s global reporting capabilities, enabling firms to meet regulatory requirements across jurisdictions and regimes through one provider.