The MRRA establishes common conditions for the mandatory and delegated reporting of derivatives transactions under EMIR, which are consistent with the amendments introduced through EMIR Refit and with CORPORATE finance transactions under the ASR. The agreement was also designed to ensure that these conditions will remain effective after Brexit. The European Financial Markets Association (AFME), the Futures Industry Association (FIA), the International Capital Market Association (ICMA), the International Swaps and Derivatives Association, Inc. (ISDA) and the International Securities Lending Association (ISLA) have published a new agreement to facilitate the communication of different regulatory systems in the European Union. As noted in the Webinar, ISDA and other professional organisations had written to ESMA requesting regulatory leniency regarding the start of the reporting obligation by financial counterparties for NFC-s on 18 June. The webinar was recorded prior to ESMA`s response. On 14 May 2020, ISDA and FIA published a webinar that provides an overview of the structure and functioning of the MRRA. A recording of the webinar can be found here. The Master Regulatory Reporting Agreement (MRRA) offers market participants the opportunity to use a single template to help them manage regulatory obligations and provide reporting-related services in accordance with the European Market Infrastructures Regulation (EMIR) and the Securities Financing Regulation . . .