Dual reporting: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Link with EMIR page and with ACT's August 2015 response.)
imported>Doug Williamson
(Amended as advised by Stephen Baseby, associate policy and technical director ACT, 11 September 2015.)
Line 1: Line 1:
Reporting under the European Market Infrastructure Regulation http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:201:0001:0059:EN:PDF (EMIR), under which both parties to a transaction report it.
The prevailing system of reporting under the European Market Infrastructure Regulation http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:201:0001:0059:EN:PDF (EMIR), under which both parties to a transaction are required to report it.


Contrasted with single-sided reporting (SSR) of transactions between financial counterparties (FCs) and non-financial counterparties (NFCs), under which only the financial counterparty reports the trade.
Sometimes known as 'DSR' (Dual-Sided Reporting).
 
 
The Association of Corporate Treasurers and others are lobbying for a system of single-sided reporting (SSR) of transactions between financial counterparties (FCs) and non-financial counterparties (NFCs), under which only the financial counterparty would be required to report the trade.





Revision as of 15:13, 11 September 2015

The prevailing system of reporting under the European Market Infrastructure Regulation http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:201:0001:0059:EN:PDF (EMIR), under which both parties to a transaction are required to report it.

Sometimes known as 'DSR' (Dual-Sided Reporting).


The Association of Corporate Treasurers and others are lobbying for a system of single-sided reporting (SSR) of transactions between financial counterparties (FCs) and non-financial counterparties (NFCs), under which only the financial counterparty would be required to report the trade.


See also


Other links

ACT's EMIR Consultation Response, August 2015