Europe: Why Are Firms Currently Focusing on Derivatives Post Trade Reporting?
By: Ron Feldman and Philipp Riedl
Deficiencies in compliance with derivatives post trade reporting rules have recently triggered regulator fines. Fin-FSA in Finland fined a pension fund €90K and the Central Bank of Ireland imposed the first fine on an investment fund, €192K. Although the fines are reasonably modest, they have sharpened industry focus on this issue.
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