Multiple repositories must adhere to common standards, says CPSS-Iosco

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The complexities of setting up trade repositories for over-the-counter derivatives as part of post-crisis regulatory reforms were brought sharply into focus last week with the publication of a 55-page report by the Committee on Payment and Settlement Systems and the technical committee of the International Organization of Securities Commissions (CPSS-Iosco) on August 24. Responding to a requirement by the Financial Stability Board to set out minimum data-reporting requirements and standardise