Under Mifid II, only 26% of buy-side firms will delegate reporting to a counterparty
Around 70% of buy-side firms will report
directly to an approved reporting mechanism under their Mifid
II obligations, according to a survey from Deutsche Boerse.
The exchange group said 69% of responding
buy-side firms said they would use an approved reporting
mechanism (ARM) directly for their Mifid II reporting, while
23% would delegate reporting to a counterparty which uses an
ARM, while only 8% of participants said they would report to
the national competent authorities themselves.
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