ESMA Postpones Rollout of New Commodity Derivatives Weekly Position Reporting Solution

The European Securities and Markets Authority (ESMA), the European Union's financial markets regulator and supervisor, has announced a postponement of the rollout of its new solution for Commodity Derivatives Weekly Position Reporting. The implementation, which was originally scheduled for 1 April 2026, will be delayed following issues identified during the final testing phase.

According to ESMA, the decision to postpone the go live date is driven by the need to undertake further corrective actions to address shortcomings uncovered in testing. These actions are intended to ensure the stability of the system and the quality of the data processed and reported through the new solution.

Postponement of the new reporting solution

The new Commodity Derivatives Weekly Position Reporting solution was designed to support reporting entities in complying with ESMA's requirements for position reporting in commodity derivatives. However, during the final testing phase, ESMA identified issues that must be resolved before the platform can be safely and reliably put into production.

ESMA has not provided a specific revised go live date at this stage. The authority stated that a new implementation date will be communicated once all necessary fixes have been fully implemented and validated. This approach is intended to ensure that the system functions as intended and that reported data meets the required quality standards.

Interim arrangements for stakeholders

Until the new solution is ready to go live, ESMA has instructed stakeholders to continue using the current version of the Commodity Derivatives Weekly Position Reporting framework. Reporting entities are therefore expected to maintain their existing processes and technical setups until further notice from ESMA.

The regulator expressed appreciation for the cooperation and understanding of all reporting entities during this period. ESMA's communication underscores its focus on maintaining operational continuity while prioritising system robustness and data integrity in the transition to the new reporting solution.

ESMA has indicated that further updates, including the revised go live date, will be provided once the corrective measures have been completed and successfully validated.