Questions raised over trade reporting at CSFI round table
Mandatory trade reporting of all derivatives trades begins in the European Union (EU) tomorrow, but industry participants at yesterday's Centre for the Study of Financial Innovation (CSFI) round table on market regulation in London expressed doubts about the likely success of implementation, and the utility of capturing such a huge mound of data.
"We have major difficulties ahead of us," said one senior industry figure at the round table, which was conducted under Chatham House rules. The
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