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[Tweet](https://twitter.com/share) With MiFID II kicking off in January 2018, the European Working Group of asset managers and trade bodies has been putting in a huge effort to produce a standard template to deliver their target market and costs & charges data to distributors. The [latest version](http://www.efama.org/Documents/20170803-EMTV1.0.xlsx) of the EMT was circulated at the beginning of August and has now been endorsed by EFAMA, the European Fund and Asset Management Association.  EFAMA is made up of asset management trade bodies from 28 countries around Europe – including the UK, Germany, France, Switzerland and Luxembourg – and a number of fund groups, so their endorsement was crucial to the success of the EMT. As emphasised on EFAMA’s website and on the EMT itself, use of the EMT is not compulsory, but a very large number of both fund managers and fund platforms have committed to using it, so there is likely to be pressure to adopt it to provide fund data to distributors.  While the template may end up being updated on the back of early experience in 2018, the current version is considered to offer a workable solution to a potentially huge obligation on fund managers. The template and a host of other relevant information can be found on FE’s [data portal](https://datapartner.financialexpress.net/welcome). 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