Following a review of trade repository data (as at 31 August 2015) a number of Non-Financial Counterparties (NFCs) were identified as having significant derivative positions. Trade repository data was reviewed by each derivative class (Commodity, Credit, Currency, Equity and Interest Rate) and from this review, the most significant NFCs were selected (NFCs that have significant derivatives positions but are not classified as NFC+).

The Central Bank requires these NFCs to complete the ERR for the period 1 January 2015 to 31 December 2015. Correspondence to the identified NFCS was issued on Wednesday 30 September 2015. The completed ERR for 2015 is due for submission to the Central Bank by 29 January 2016. A soft copy of the ERR along with guidance on completing the return is available on the Central Bank website.