Trade repository and International Organization of Securities Commissions: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Update.)
 
(Add links.)
 
Line 1: Line 1:
(TR).
(IOSCO).  


An institution that is notified of and maintains electronic records of transactions.
An international organisation that brings together the regulators of the world’s securities and futures markets.  


It is a concept developed as part of the (re-)regulation of derivatives in wake of the financial crisis early in the 21st Century in order that the authorities are better able to assess the positions and associated risks of institutions and to the financial system overall.  
IOSCO develops, implements and promotes adherence to internationally recognised standards for securities regulation.


Implementation is through the [[Dodd-Frank]] Act in the United States, the European Market Infrastructure Regulation ([[EMIR]]) in the European Union and local legislation in many parts of the world.


Provision of data to repositories is mandatory for financial insitutions and their business customers and for derivatives entered into between non-financial businesses (including internal transactions between members in the same group of companies). Partial information is likely to be misleading, of course so gathering of information was conceived as global.
== See also ==
* [[CPSS]]
* [[Financial Stability Board]]
* [[Forward contract]]
* [[Futures contract]]
* [[Interest rate index]]
* [[MG]]
* [[PIOB]]
* [[Regulation]]
* [[Regulator]]
* [[Security]]


Early indications were that the lack of detailed definition of the required systems and alowing of multiple repositories using their own would make it likely that no global information on the position of institutions would ever be made avilable to any authority. Costly, though.


Trade repositories initially expected to be registered by [[ESMA]] for the purposes of EMIR include  Regis-TR, CME Group, DTCC Derivative Repository, UnaVista (LSE), IntercontinetalExchange (ICE) Trade Vault, Harmony TR Connect and KDPW.
==Other resource==
*[https://www.iosco.org/about/?subsection=about_iosco International Organization of Securities Commissions (IOSCO) - about us]


[[Category:Financial_risk_management]]
[[Category:Compliance_and_audit]]
[[Category:Treasury_operations]]
 
[[Category:Compliance_and_audit]]

Latest revision as of 03:56, 8 February 2024

(IOSCO).

An international organisation that brings together the regulators of the world’s securities and futures markets.

IOSCO develops, implements and promotes adherence to internationally recognised standards for securities regulation.


See also


Other resource

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Trade_repository&oldid=54663’