01.11.2011 - Commodity reporting confusion: Where will the regulators go?
The rule making under Dodd-Frank and EMIR are a dry dust place but they are starting to get a bit more real and a bit more interesting.... Back in 2008, the G20 specified that OTC derivatives contracts should be reported to trade repositories. The US Dodd-Frank regulations have defined that swap data repositories (SDRs) are to be responsible for collecting this data, and the rules governing this have recently been published. In response to this, the industry (primarily the banks), under the International Swaps and Derivatives Association (ISDA) have been going through a process of selecting providers for different classes of instrument...............................................Full Article: Source
Print