The European Authority offered guidance and hinted at a pragmatic approach to implementation
The European authority in charge of financial regulation
sought last night to offer eleventh hour guidance and
reassurance to banks, fund managers and corporates struggling
to meet today’s deadline on trade reporting,
writes Luke Jeffs.
The European Securities and Markets Authority published on
Tuesday guidance on technical issues such as how to generate
Unique Trade Identifiers and how to report empty fields and
over-the-counter derivatives as well as extra guidance for
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