Emir reporting launch was satisfactory – Esma’s Petrenko

Problems and challenges a natural part of the switch to Europe's new reporting rules, says Esma official

European Securities and Markets Authority

Thousands of companies were stuck in queues when Europe's reporting regime took effect on February 12, some repositories were overwhelmed with data, and more than half of the one-sided trade reports filed so far cannot be matched up with the second side of the transaction – but the rules have got off to a satisfactory start, according to an official at the European Securities and Markets Authority (Esma).

Speaking yesterday at the annual meeting of the International Swaps and Derivatives

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