Difference between revisions of "Dual reporting"
From ACT Wiki
(Link with EMIR page and with ACT's August 2015 response.) |
(Amended as advised by Stephen Baseby, associate policy and technical director ACT, 11 September 2015.) |
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− | + | 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). | |
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+ | 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