Abide Financial Applies to Become a Trade Repository
Company is confident that regulator will approve application
Transaction reporting specialist Abide Financial has applied to become a trade repository under the European Market Infrastructure Regulation (EMIR). If its application is approved by the European Securities and Markets Authority (ESMA), Abide Financial would be among the largest three trade repositories as measured by processed volumes of EMIR-reportable transactions.
Anthony Arnold, regulatory and operational compliance director, and Jo Hide, operations director, are managing the application
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