FISD Europe: Panelists Call for Clarity and Improved Data Quality for Reg Reporting

Amsterdam - Poor data quality and lack of standardization will be the key barriers to firms when reporting to regulators in the format required, according to panelists at the FISD Europe conference, which was held in Amsterdam in March.

Panelists said there is not enough clarity regarding the data regulators are asking for, and that, although firms have the data, it is not in the format regulators require.

"We do definitely have the data but whether it is in the format the regulators are asking

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FCA declines to directly regulate market data prices

A year-long investigation by the UK regulator to determine whether competition is hindered in the wholesale data markets has concluded with its decision not to directly regulate much-maligned data pricing and licensing structures.

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