Much discussion of the European Market Infrastructure Regulation (EMIR) is focused on the beginning of trade reporting requirements in February. However, over the past year, other important aspects of the regulation have been rolled out, including the introduction of new requirements for portfolio reconciliation and dispute resolution.
Since September 15, EMIR has required counterparties to agree on methods for reconciling their portfolios and resolving disputes before they enter into over-the-c
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