The expense of LEIs
See this detailed article and analysis on RegTechFS about the expenses involved in acquiring, rolling out and maintaining LEIs. Food for thought.
Emergency Advice from The OTC Space
Bill of The OTC Space offers some last minute advice for those in trouble.
ISDA viewpoint on EMIR data
ISDA yesterday published this viewpoint on EMIR Trade Reporting. It highlights some of the difficulties that have been encountered, particularly with items such as UTI formats etc. The contents of…
GLERT is here! How will it go? Will it work?
It’s the 12th February 2014 – the day of the Go Live for EMIR Reporting of Trades. After a countdown lasting years, it is finally mandatory to report all of…
New EMIR Q + A’s published hours before GLERT – A summary
ESMA have this evening published the latest Questions and Answers document only hours before the reporting deadline. Amongst the new answers (with items that may be of particular interest in…
Will there be leniency from regulators?
This article in Eurotreasurer repeats what many have said in the last few weeks, including the FCA: That regulators are likely to be lenient for those who do not make…
Interesting gloomy EMIR article on buy side non compliance
This article in FoW has some interesting information about how the buy side is very behind the curve in being ready for GLERT tomorrow, and also some useful quotes on…
GLERT minus one and counting
There are now less than 24 hours to go until reporting starts, on the Go Live for Emir Reporting of Trades day. While many are ready and sending trades through…
More EMIR gloom
See this article on Reuters about the mess that is EMIR reporting
GLERT week is here!
This Wednesday sees the “big bang” Go Live of EMIR Reporting of Trades. The entire European derivatives market is preparing for “cutover” as all derivatives trades must be reported to…