Global FX division kicks off outreach programme on trade reporting

James Kemp, GFMA global FX division

The global foreign exchange division of the Global Financial Markets Association (GFMA) has begun an outreach programme to prepare market participants for the mandatory reporting requirements enshrined in new regulations, as reporting rules in the US look set to be finalised next week.

The US Commodity Futures Trading Commission (CFTC) announced earlier this week that it will hold a public meeting on December 20 to unveil final rules on real-time reporting of swap transaction data, swap data

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