The reporting requirements under Mifid II have been highlighted as an area of concern by experts
The greatest challenge under incoming
regulations is understanding trade reporting requirements,
according to 54% of respondents to a survey by vendor Catena
"Catena’s research validates
what we have been hearing at DTCC: Market participants are
placing more focus on the controls and reconciliations around
reporting, with a goal of maintaining 100% compliance,"
commented Peter Tierney, head of the DTCC’s global
trade repository in Asia.
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