Cesr backs mandatory transaction reporting for OTC derivatives

The Committee of European Securities Regulators (Cesr) has backed European Commission (EC) plans to compel transaction reporting on over-the-counter derivatives.

In a response to the EC's consultation document on the resilience of OTC derivatives markets, Cesr said transaction reports will be exchanged through its own Transaction Reporting Exchange Mechanism (Trem). At this stage, only those OTC derivatives with an exchange-traded underlying will be considered.

In its communication, Cesr propose

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: