Abide Financial has Monday won approval as an RRM for Acer’s Remit rules
There are swathing differences in
firms’ preparedness ahead of the introduction of
the Agency for the Cooperation of Energy
Regulators’ (Acer) new transaction reporting
requirements, less than a month before the rules go-live,
according to the founding director of Abide Financial.
"Some firms are still not fully aware of
the obligations that the new rules bring. As with any new set
of regulations being rolled out, there are technical and
interpretation issues that will be faced. There are many
similarities in introducing Remit to when Emir was
implemented," said John Abel from Abide.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.