The European MiFID Template (EMT) was created to facilitate the publication of MiFID II-relevant fund data by fund manager distributions teams. The use of the EMT is not compulsory but it has been established as the main way of exchanging fund data. From December 2020 onwards, version 3.0 of the EMT must be used.
Given the wide market adoption of the EMT, fund managers ought to be in the position to publish their MiFID II-relevant data in this format. By 10 December 2020 they must have switched over to version 3.0.
Furthermore, MiFID II imposes extensive requirements relating to data management, calculations and report creation. To avoid an unnecessarily high workload a technology and service solution must be found that can build on synergies with PRIIPs and other report types.