Market participants operating in the European Union have had to report over-the-counter derivatives trades since February, and valuations and collateral data since August. With reporting under the European Market Infrastructure Regulation (EMIR) now established, the European Securities and Markets Authority (ESMA) is soliciting input from firms and other stakeholders about its reporting and technical standards.
The authority has released a consultation paper on its regularly updated Q&As, asking
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