A lawyer for the Association of National Numbering Agencies has dealt a blow to ANNA's strategy in its dispute with Standard & Poor's, Inside Market Data has learned.
ANNA has objected to S&P's practice of seeking license fees for the databasing of CUSIP-based ISIN numbers. So at its general meeting in June, the group endorsed the principle of charging only on a cost-recovery basis and set up a taskforce to look into the matter (IMD, June 14).
However, the lawyer has ruled that ANNA went beyo
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails