DERIVATIVES-EMIR review plans end to dual-sided swaps reporting
By Helen Bartholomew
May 4, 2016

…“What conceptually sounds like a straightforward exercise in transparency and reconciliation in reality has proven not to be so,” said Matt Hoffman, director of global regulatory solutions at Chatham Financial. “No two systems appear to capture and convey trade details in exactly the same way, such that trade matching rates have been lower than might have been expected. In our experience, most of the discrepancies that arise in the attempted matching process are really more about form and less about substance.”…
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