The British regulator insists its position over Emir compliance has not changed
The Financial Conduct Authority
has quashed rumours circulating the market that it has set a
May deadline for firms to adopt European reporting rules,
insisting there is no firm deadline by which British firms must
comply , writes Joe Parsons.
The European Market Infrastructure
Regulation that requires firms to report their derivatives
positions to a repository took effect on February 12 but many
were not ready due to backlogs in the weeks leading up to the
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